Lending Money

[Jing]

My best friend's brother called me earlier, saying he was getting kicked out of his house and needed to borrow money. I was expecting perhaps like less than 100, and then I asked him how much, and he said "only 600 bucks".

Now they've had money problems their entire life, moving from house to house and stuff... and he's working at like McDonalds and some clothing store... He's a good guy and I've known him for a couple years.. but I am feeling like 600 is just way to much.

Would it be a good idea to lend him the money? I doubt he'll be able to play me back anytime soon, considering the money is just for the down payment of the apartment... and he'll still have to pay rent and all that...

Right now I am probably thinking it wouldn't be a good idea

Since I am living by myself as well and going to a pretty decently expensive university... thats another reason against lending the money.

[Anthony15]

I agree with you. Since he isnt rich and works in McDonalds, I doubt he will ever pay you back.

[Username123]

Well, you can ask him to stay with you for a couple of days until he can arrange some money for his own apartment.

[Colin]

Well, you can ask him to stay with you for a couple of days until he can arrange some money for his own apartment.

Finally, a smart comment from you.

Being as you're a student as well, I'd say offering your help as opposed to your funds would be the way to go.

[Mikki]

Being as you're a student as well, I'd say offering your help as opposed to your funds would be the way to go.

Yeah, help him in another way since he's a good a friend of yours. Maybe find him a much cheaper apartment and lending him less money or like what wisdom_kid wrote which is letting him stay with you.

[Nick]

Yeah, 600 seems a bit too much.

You should take advice from the net lightly though, because we don't know your situation as well as you do. We're only saying what sounds right.

Maybe you could compromise and say that 600 is too much but could lend him 100 and no more and he'll have to get other money elsewhere. And tell him why.

Also, just remember that money and friends don't mix. Always try to avoid it. And personally if he's asking you for money it seems a bit of a shit thing to do.

[rabbitx]

Listen dude,

Hes a good friend, and put ypurself in his shoes, your struggling to find a home, wouldnt you want him to help you too?

who cares if he doesnt pay you back, youll earn his respect and admiration, and im sure youll be rewarded in other ways, remember dont let money come in between friends

if he does pay you back, its a plus

[Mayerhendrix]

Listen dude,

Hes a good friend, and put ypurself in his shoes, your struggling to find a home, wouldnt you want him to help you too?

who cares if he doesnt pay you back, youll earn his respect and admiration, and im sure youll be rewarded in other ways, remember dont let money come in between friends

if he does pay you back, its a plus

Yeah, but if you don't have much spare change to lend that could be a problem....

[Matt]

Hes a good friend, and put ypurself in his shoes, your struggling to find a home, wouldnt you want him to help you too?

who cares if he doesnt pay you back, youll earn his respect and admiration, and im sure youll be rewarded in other ways, remember dont let money come in between friends

that's the ideal situation, but realistically the world doesn't work like that.

[Username123]

Well, you can ask him to stay with you for a couple of days until he can arrange some money for his own apartment.

Finally, a smart comment from you.

Anyway the smart thing to do is talk to your best friend considering the person who asked you is his brother; is better if you get some input from his brother so you know what to do.

[Mazzocchi]

should have just asked me for money.
Jaesus...

[J@3]

Listen dude,

Hes a good friend, and put ypurself in his shoes, your struggling to find a home, wouldnt you want him to help you too?

who cares if he doesnt pay you back, youll earn his respect and admiration, and im sure youll be rewarded in other ways, remember dont let money come in between friends

if he does pay you back, its a plus

Not everyone has a spare $600 lying around to just give away.

[Jing]

hm.. i've offered to help him move if he needs it instead of lending him the money. Truely I kind of need it, i have near 6000 dollars to pay for this semester's tuition.

He said afterwards he was just asking me to weigh the options, to see if he needed money, where he could get it... so i was like.... sure.

thanks for all the opinions... still.
if it were like 20-40 bucks, i'd give it to him.. but 600 is just really pushing it. if you had 600 bucks lying around, you could probably pay someone to post here.

[#12]

best friend's brother??????

don't give him the money.....its just another excuse to get money out of someone...he will lose contact of you afterwards and stop being your friend and never pay you back. I've seen it happen before

[Cloudy]

Give him some money but definately not 600! Tell him to borrow from others too, no matter how good a friend is... It is always dangerous to lend people large amount of money, my mom said...

Btw, I thought you go to college free.

[Jing]

#12 actually I'm pretty good friends with his brother, and we chill and stuff once in a while. Him dissappearing is unlikely.

Cloudy go to college for free? hell i wish! My scholarships only cover like the board fee. and i get free room. but all the other stuff amounts to about 5K to 6K

I've told him no and he was fine with it. Now i can put that 600 bucks on a plane ticket back to china

[Cloudy]

I thought you go for free! Go to Japan for the FIBA!

[The X]

glad you aren't going to give him money....even if I had the money, I wouldn't give it....if it was family, it's a different story, but it's not....

people might say "well, if you were in his situation, how would you feel"....well, we've been in his situation & we haven't asked for $600....honestly, I don't think the guy should've asked for the money, especially considering he'd have a pretty good idea that as a student with big fees, you can't really afford to throw money away....if I was in his situation I wouldn't be asking my best mate's brother....but then again, I don't like borrowing money off family or friends....I earn it for myself....of course everyone goes through tough times, but I don't feel sorry for the guy....a bit of foresight on his part would've helped I'd say....

imagine if you did give him the $600 & how pissed off you get when you see the guy hitting the piss, buying a PS3 or whatnot before paying you back, and he probably would....I could be wrong as I don't know the guy, but I've seen that shit happen....while it hasn't happened to me, I don't wish to see it happen to others....watch your own back....if he needs $20 for fuel, then lend that to him....anything like $600, no way....

[Jing]

thanks all. Been good. I’ve offered to help him move instead of the 600 bucks. Crazy bastard

[Andrew]

I realise you've already made a decision but for what it's worth, I think you made the right choice. If you were in a position where you had $600 you could truly do without or could afford to lose it might be a different story but it's a little much to give when you have your own debts and expenses that need to be paid. It's cool that you offered help in another way though.