izospindle:
A Friend Wanted Me To Lend Him Money I Told Him This. Am I Wrong?

So a friend of mine told me that his girlfriend is about to lose her admission, because school fee deadline is tomorrow. He asked me to lend him 70k.

I know how he loves this girl so I asked him to fill a form before I give him the money. Am I wrong for doing that?

He started saying a whole lot of things and has not spoken to me since. Note this is half of all my savings and I have a purpose for this particular fund just that the time has not come.

Advice is needed please

Divinelady:
. How is he a bad friend? Cos he wants to help a friend who is in need?

We4all:


You had that experience because you were buoyant enough to lend a hand. My take is, what happens when the table is turned and you become the one in need? Won't you go to your friends or family members for help?

I am not justifying any act of irresponsibility, but I am experienced enough to know that situations can change any minute, and we can end up at the bottomless pit. And the only ones who may bail us out are the people we know.

Plus, it is easy to castigate others until we find ourselves in the same situation. When we have a good life, it is easy to have a set of rules, and expect people to obey them.

When you are very BROKE without a dime, and you tell me that no one should lend money (that he can't afford to lose) to his friends and family members, then I'll take you seriously.

We4all:


You had that experience because you were buoyant enough to lend a hand. My take is, what happens when the table is turned and you become the one in need? Won't you go to your friends or family members for help?

I am not justifying any act of irresponsibility, but I am experienced enough to know that situations can change any minute, and we can end up at the bottomless pit. And the only ones who may bail us out are the people we know.

Plus, it is easy to castigate others until we find ourselves in the same situation. When we have a good life, it is easy to have a set of rules, and expect people to obey them.

When you are very BROKE without a dime, and you tell me that no one should lend money (that he can't afford to lose) to his friends and family members, then I'll take you seriously.

tstx:
Borrow someone 70k to invest in a relationship when I am not mad... Baba I no get cash right now.. All my money dey bitcoins..


If I'm borrowing a friend that amount I must be sure that he is putting it in his business.

Davash222:
The foolish girl no get parents
You’re even a bad friend for trying to borrow your friend money to pay for a ‘girlfriend’ school fees.
Shame on you both!! You and your friend should use that money and buy sense!

Davash222:
The foolish girl no get parents
You’re even a bad friend for trying to borrow your friend money to pay for a ‘girlfriend’ school fees.
Shame on you both!! You and your friend should use that money and buy sense!

virgoquin:
One of the unspoken rules of life is that never you lend money to a friend or family member that you cannot afford to lose or that will cause you great financial discomfort

BTW sef, him collecting the money to pay for his girlfriend's education is not an investment that will yield financial return now so how is he planning to pay you back.

If he have intention of paying back then why Is he angry that you are going to document the transaction. Red flag!!

I pray my brothers will not be this foolîsh like your friend

We4all:


never you lend money to a friend or family member that you cannot afford to lose or that will cause you great financial discomfort

And never you ask for a loan from a friend or family member when your condition becomes critical and the future looks bleak. When you become broke and in need of cash, approach a stranger then.

By the way, if you really can afford to lose the money, then why lend it? Why don't you just assist selflessly?

Do you think those who end up committing suicide because they couldn't afford to pay their debts, do it for the fun of it?

While there are bad debtors, there are those who genuinely cannot afford to pay back due to uncontrolled circumstances. And it is only human to write off such debts.

Sanchez01:

You're missing the point. I wouldn't ask anyone to lend me a sum they can't part with, not because I wouldn't be able to pay them back but because I wouldn't do so. It's simple. It's the golden rule and that's all that count.

If I had brought the tale here then and sought counsel, I'm sure you'd have advised to be the help and save the day. It is over a year now and the clown has been sending repeated new year messages on WhatsApp. Someone who clearly told me to my face that I could do what I wanted because he doesn't have my money and he wouldn't kill himself. This is someone who used all of my debit cards when he wanted and would even ask him whether or not he needed to borrow to support his business.

I have learnt the hard way and I know for a fact that emotions won't move a hair on me again.

THE POINT HERE IS WHETHER OR NOT TO LEND SOMEONE A SUM YOU CAN'T AFFORD TO PART WITH. I CAN'T. NO SANE HUMAN SHOULD DO IT!

izospindle:
A Friend Wanted Me To Lend Him Money I Told Him This. Am I Wrong?

So a friend of mine told me that his girlfriend is about to lose her admission, because school fee deadline is tomorrow. He asked me to lend him 70k.

I know how he loves this girl so I asked him to fill a form before I give him the money. Am I wrong for doing that?

He started saying a whole lot of things and has not spoken to me since. Note this is half of all my savings and I have a purpose for this particular fund just that the time has not come.

Advice is needed please

dumo1:

Why you nor arrest am lock am up for cell he go sign agreement with police. That money must comot. Imagine the effortery of his words..

Lenadiva:
Don't even try it! Lending a friend or family members money is very dangerous and unhealthy. They recieved these borrowed stuff with a smile but ask them to pay back then you becomes a bad person. I have lost a whole lot of money to such people.

Sanchez01:

He's too close a friend. Took him as the brother I never had. The whole thing came with one huge blend of shock and disbelief.

As much as I don't have the strength for wàhálà, I figured he preyed on my goodwill and I just couldn't get the police involved because the issue got to someone I respect deeply. Sadly, I was talked out of pushing for the money; that he'd pay on his own if he has sense. Maybe he'll pay tomorrow, I can't tell.