Sometimes, a friend may come along
who isn't so hesitant about taking
money, but hesitant when it comes to
giving it back. All it takes is a firm
reminder and a little patience!



1) Tell your friend that you
will not lend anymore
money until they pay the
previous amount back . This
is an effective way of getting
it paid off, but they will just
turn around and borrow
money again, so it's half-
and-half.


2)Remind them every 2-3
days for about a week. If
they still haven't paid it back,
move on to the next step.


3)Pull them off to the side
and make sure neither one
of you are distracted. Say
something such as, "It's fine
that you borrowed money
from me, but I'm getting very
impatient. I need that money
and I'd like you to give it to
me by (deadline)."
Be polite . You can be firm
without being aggressive.
Never, ever make
intimidating threats such as
" if you don't give me my
money back, I'm gonna
make you'".


4)Talk to them again after
about a month, but this
time, you must be a lot
more firm! Raise your voice
at them and tell them if they
don't pay you back soon,
you will quit giving them
money. However, if your
friend owes you large sums
of money, wait to do this
after about two months.


5) If over 3 months pass and
your friend still does not
pay you then let them
know that you do not want
to see them again until
they pay you. However,
don't think that the
friendship is about money.
Did you just give money to
your friend just so they
could pay you?


6) If you are still unsuccessful,
accept the fact that you
have lost your money for
good and you have learned
a valuable lesson. If it was a
very large sum of money
your last resort should be
legal action.


7)If you are willing to use
legal action be sure to have
evidence that this is a
trespass to title meaning
that you gave your friend
temporary title of the
money instead of
possession . Whoever has the
greater right to title or
possession will win. You will
also have the burden of
proof so be prepared. If you
have any evidence at all that
he knows he has the money
and he will pay you back
then that is your strongest
piece of evidence.



Tips:
Only lend your friends what you
feel comfortable with losing
because you can never be sure
you can get it back.

How many views, no comment. Make I help you...


Emmm, what's d topic again

Ok, nice one OP!

Very very nice 1,I was thinking of means of getting my money back,but I think its gone

correct

This method are meant for white people. if u are dealing with black man and you are talking softly like this there is little possibility for u to get back ur money. At times if ure not aggressssive and use threat u will not get ur money back

acorn tree: This method are meant for white people. if u are dealing with black man and you are talking softly like this there is little possibility for u to get back ur money. At times if ure not aggressssive and use threat u will not get ur money back

hahaha... so do you mean blackmen have blackheart? it is advicable you follow the steps before becoming aggressive with collecting back your momey

There's no such thing as 'lending money' IMO ... if they have other means they won't come to you in the first place.

chaircover: Dont lend people money that you are not prepared to let go

Dont lend people money that you have put aside for something important just incase they dont pay it back or on time

I cant recall ever lending anyone money and they paid it back at the right time or at all without reminders and stress and in some cases fights, so I dont lend people money. If i can afford it then I give it to you as a gift and wont take it back

Some people still owe me money from when I used to sell lace like 5 years ago. Money brings out the worst in people. I learnt the hard way.

This is the best advice to follow but what of if u the soft hearted type that are easily carried away by people‘s pleas. U know they will come with symphathy on their faces when narrating their problem. If it involve saving life and involve huge amount of money, are u going to turn them down

Chiscomax:
hahaha... so do you mean blackmen have blackheart? it is advicable you follow the steps before becoming aggressive with collecting back your momey

Yes, after uve talk,talk and talk and the debtor seem to be stubborn. U can even use thug to collect ur money

Infact, Op you are right. A lady once used Lagos style for me. She is still owing me 6k since March. I have forgotten about it o.
She has a cosmetics shop, but i dey fear ALUUrization.....

@OP, if you have to go through all those 7 or 8 stages you listed, then you can be rest assured the person you lent money to is no friend of yours.

True, money brings out the worst in people and you should only lend what you can afford to lose. But the question is: What if this friend of yours miscalculated the depth of their financial mess and find it difficult, or better still, can't afford to pay you back? What will you do? Even if you take legal action and have them thrown into jail, you still won't get your money back.

chaircover: Dont lend people money that you are not prepared to let go

Dont lend people money that you have put aside for something important just incase they dont pay it back or on time

I cant recall ever lending anyone money and they paid it back at the right time or at all without reminders and stress and in some cases fights, so I dont lend people money. If i can afford it then I give it to you as a gift and wont take it back

Some people still owe me money from when I used to sell lace like 5 years ago. Money brings out the worst in people. I learnt the hard way.

jidegirl12: There's no such thing as 'lending money' IMO ... if they have other means they won't come to you in the first place.

Jide and CC, I agree with you both whole-heartedly. That's why when I give, I don't expect to get it back. I give with a clean heart and leave it at that.

If I will, I will. If I won't, I won't.

Simple.

Efemena_xy: @OP, if you have to go through all those 7 or 8 stages you listed, then you can be rest assured the person you lent money to is no friend of yours.

True, money brings out the worst in people and you should only lend what you can afford to lose. But the question is: What if this friend of yours miscalculated the depth of their financial mess and find it difficult, or better still, can't afford to pay you back? What will you do? Even if you take legal action and have them thrown into jail, you still won't get your money back.





Jide and CC, I agree with you both whole-heartedly. That's why when I give, I don't expect to get it back. I give with a clean heart and leave it at that.

If I will, I will. If I won't, I won't.

Simple.

i happen to have a friend in school whom i lent 500naira. he got about 15,000 naira after the week i lent him and refused to pay back the money after telling him i would need the money back to print my gst assignment which is to be submitted the same week he got the 15,000 naira. he gambled with his 15;000 naira in a play station store and he did his assignment with the money left and refused to pay back the money . this is a person whom we were so close. i asked him for the money but he refused and that was the end of the friendship.

I believe no true friend would want to draw you back. i managed to get money from another source and did my assignment and submitted it hurriedly. assuming i sued him because of that 500naira, they would say i am wicked... Wicked friends!!!

^^ Actually, if you'd sued him, you would have spent far more than that N500.00

This is typical example of when something that just isn't worth the bother. But question for you: how did you know he'd received N15,000? And why didn't you at that point, insist (and I mean really insist) on getting your money back from him before he hit the games consoles?

Just as CC said GIVE WHAT YOU CAN AFFORD TO LOSE.....
I once lent what wasn't mine to some1 with the hope that the person was gonna pay ASAP but I ended up paying the money amidst tears.... Its was painful and hrtbreaking, Hence I decided I will NEVER lend what I cant afford to part with.

Some times you just have to let go cos of friendship and love ..... so many money I had to let go cos of friendship BUT I became wiser and knew exactly when to give and when not to.

Efemena_xy: ^^ Actually, if you'd sued him, you would have spent far more than that N500.00

This is typical example of when something that just isn't worth the bother. But question for you: how did you know he'd received N15,000? And why didn't you at that point, insist (and I mean really insist) on getting your money back from him before he hit the games consoles?

he told me himself that his mum had sent the money. i asked for mind but he refused to give it to me. he kept on laying stories but at the end, i discovered he had gambled them all. well, i do not blame him at all. i am just happy it was 500naira

I actually lent a friend 70,000 naira back 2009, till date she hasn't paid back my money. Then when I call her she won't pick my call till the day I decided to hide my number. When I called with the unknown number, she picked and started begging that I shouldn't be annoyed that she doesn't know what to say that's why she hasn't being picking my calls, that she'll call me the next day to send my acc number to her. Days rolled into months and I didn't hear anything from her. I sent a text to her that if she has conscience let her pay me back my money cos I will never ask her again. Then I deleted her number off my phone. Did I say she actually asked me for 150,000. Up till date, she hasn't call and not even a text from her.
Human being...SMH

Nigerians are generally too sentimental.
When I am giving a loan no matter how close you have to sign and undertaking as well as drop a post dated cheque.
If there is any reason why I can't get my money you have to let me know before I call you.
I can be annoyingly professional