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Ladybug63
Ohh... baby
Member since 5/06 2527 total posts
Name:
D
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Re: Have you ever loaned money to family?
Yes ... But I have a rule that I follow when lending ANYONE money.
Only lend money you can afford not to get back!
If I lend so much as $20 to someone I expect never to see it again. Same goes for large amounts. I've lent up to $3000k for a very close friend. He had paid some back and does a lot of work on our house to make up the difference.
I never expected to see a dime after I gave them the $.
If I have it and you need it you are welcome to it!
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Posted 3/28/08 1:14 PM  |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: Have you ever loaned money to family?
Yes, to help my younger brother get out of debt. It was $1600. He was supossed to pay me back over 1 year, but actually took 1 1/2 years. I had to ask him every month for the money. I could have given it to him as a gift but then he wouldn't learn a lesson. Just plan on it taking longer to get paid back, or even not getting paid back at all of you go through with it.
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| Posted 3/28/08 1:23 PM |
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lbelle821
Arghhhhh
Member since 2/06 5285 total posts
Name:
Lisa
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Re: Have you ever loaned money to family?
a few times to my SIL while she was in college. We're only talking a few hundred. I would have been ok if she never paid us back but she did eventually.
I would only loan money to a certain few people in my family (mine and DH's parents and our siblings and one aunt of mine). I know they would only ask me if they absolutely needed it. And they've all been there to help me out when I needed it.
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| Posted 3/28/08 1:23 PM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Have you ever loaned money to family?
interesting responses...
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| Posted 3/28/08 5:18 PM |
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Reese1106
Family of 4! :o)
Member since 8/06 6655 total posts
Name:
Theresa
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Re: Have you ever loaned money to family?
Posted by MrsFlatbread
No I would give it to them as a gift rather than lend it if I had it. It could become too complicated the other way.
ITA.
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| Posted 3/28/08 10:36 PM |
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itkocak
Member since 7/07 7639 total posts
Name:
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Re: Have you ever loaned money to family?
Message edited 11/17/2011 8:36:11 PM.
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| Posted 3/28/08 11:01 PM |
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Jackie24
~We Did it~
Member since 7/06 6718 total posts
Name:
Jackie
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Re: Have you ever loaned money to family?
unfourtunately  its coming around lets say, but i will never do it again, unless for severe circumstances, im not missing the money so its ok, IMO if you need it back in your acct dont lend it out if you can live with out it for a while than thats better
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| Posted 3/29/08 12:42 AM |
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aliwnec10
mom of 3 boys
Member since 4/06 11426 total posts
Name:
Ali
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Re: Have you ever loaned money to family?
very very badly.
Don't do it. In my experience, it never works out. 
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| Posted 3/29/08 8:50 AM |
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Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
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Re: Have you ever loaned money to family?
yes, I loaned about $2,000 to my sister and she paid me back little by little and turned out fine
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| Posted 3/29/08 11:27 AM |
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