Collection Technique , Pay Me OR !!!

fordy · #1 04/05/12, 07:34 PM

..........I'm a pretty patient person , I loaned my neighbor $110 over a period of 7 weeks cause he is usually broke ! Prior to the 110 I had loaned him 20 to 40 and he had always paid me back within a couple of weeks . But , he had been ignoring me every friday when he gets paid from mowing yards , and every friday my patience was growing shorter ! So , today I finally paid him a visit and told him it was time too pay Up ! He studdered and stammered around for A MINUTE and finally paid me $52 out of the $110 he owes me . Then , he said very loudly ," I'm going too da ATM and pay your A__ Off " ! Fine , with me .........but , of course he is still walking outside , B__ching cause I demanded that he Pay me !
..........I don't appreciate it when someone takes my good nature for granted , that is what really set me off , but he doesn't have a clue ! Had he paid me $20 a week or so I'd never said anything else to him ! From now on he is going to have to borrow from the Local Pawn shop at a bout 100% interest , like he use to do before I started helping him . , fordy

sherry in Maine · #2 04/05/12, 07:55 PM

yes, I dont blame you

scooter · #3 04/05/12, 08:10 PM

It seems like this is always the case. You're a good person until you ask for your money, then you become their enemy. Seen it happen many times.

unregistered41671 · #4 04/05/12, 08:20 PM

I loaned a friend $3000.00 back in 1979. He and I were really close. He paid me $1500.00 back. I was talking to an older man about it and he told me, "it is better to lose your friend, than your friend and your money."

ELOCN · #5 04/05/12, 09:05 PM

Yeah, it's the same old story. The person you lent money to acts like YOU'RE out of line when you want to be repaid.

fordy · #6 04/05/12, 09:24 PM

Quote:

Originally Posted by ELOCN

Yeah, it's the same old story. The person you lent money to asks like YOU'RE out of line when you want to be repaid.

.............It's really amazing the convoluted logic some people can use too rationalize their behavior when it comes too taking care of business like they know they are supposed too ! , fordy

fellini123 · #7 04/05/12, 09:29 PM

Yup, DH had a friend that was out of a job, and the friend asked to borrow 310.00 to take a test for a job. DH gave it to him. That was about 2 years ago.....Yes he got the job and quit about a month later.
I cant believe that DH still talks with him!!

Alice in Virginia

willow_girl · #8 04/05/12, 09:54 PM

Why did this thread make me think of ... ?

Horseyrider · #9 04/06/12, 10:46 AM

Shakespeare said it first in Hamlet, where Polonius told his son Laertes "Neither a borrower nor a lender be; for loan oft loses both itself and friend."

I never lend anything I can't live without.

Tracy Rimmer · #10 04/06/12, 10:49 AM

What's that old saying, "if you lend a friend money and never see them again, it was money well spent?"

mamita · #11 04/06/12, 11:26 AM

you don't 'lend' money to a friend or family. think of it as 'giving'. if that pains you, then simply don't do it. nothing makes an enemy as fast as money. dont. do. it.

Jokarva · #12 04/06/12, 01:12 PM

We lent big money to our goddaughter's parents to save their home from foreclosure, this was in 1999....they promised to pay it back within a year. We never brought it up and just figured we were out of luck, but we weren't willing to lose the friendship (or our goddaughter) over it. Low and behold, about 8 yrs ago they started sending us random payments every year or so, and last spring they paid us off.

So, you never know...

Ozarks Tom · #13 04/06/12, 06:19 PM

Some people figure if you had the money to loan in the first place, you really don't need it as much as they do. One of those socialist ideas I guess.

I used to lend money out in the army. I'd have the guy write a counter check (they were around back then) for the amount plus interest, dated the day after it was due. Never had to cash a check, but the threat was always there. Writing bad checks gets you stockade time.

Buffy in Dallas · #14 04/06/12, 10:49 PM

I never loan money. I give money and forget about it. If I get it back, its a nice surprise.

Joshie · #15 04/07/12, 12:53 AM

When you loan money to family or friends I think it's best to have the mindset that you're kissing the money goodbye. That way you won't be disappointed when the money doesn't darken your doorstep ever again. I won't lend money I need.

Cliff · #16 04/07/12, 09:23 AM

Ugh my son luckily just got rid of a roommate who was a mess with money. He said he rarely asked to borrow, he just made it impossible not to lend it to him with the situations he would get into. The guy was real nice, just a total mess lol.
Good lesson for my son though. You can't save people from themselves.

He still owes him $250 and won't answer his calls or texts... good riddance I say.

Yvonne's hubby · #17 04/07/12, 11:43 AM

Several years ago a good friend of mine needed 5K... I wouldnt loan it to him... Instead I "bought into" the deal he was working on. It fizzled (as I pretty much figured) and we are still friends. To me its better to lose a few bucks than it is to lose a good friend. Money is pretty easily replaced... friends? not so much.

Along this train of thought though... I heard about a feller once who had never had any trouble with his family, inlaws included. When asked how he managed this trick he simply smiled and replied... I borrowed money from all the rich ones.... and loaned it to all of the poor ones. None of them will have anything to do with me anymore and it didnt cost ME a dime!