General Chat

one that did turn my stomach, a old member who didnt stay around to long, took advantage of a lovely lady on here, i dont know wether she paid her back, i hops so, my old lady friend of 83 is always trying to throw money at me or oh if we do a errand for her

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i will give my last to anyone who would ask, i lend to a friend who is on her with kids not by choice, i am on the breadline and have no savings, i know i can ask if i needed too, she always pays back, i havent needed to ask, i always make sure ive got spuds in, oh says i manage the money fine, its against robbing peter to pay paul though sometimes

When my children were little(four of them) sometimes we couldnt pay our bills,hubby was working full time but bills and mortgage and clothing and school uniforms,we sometimes got behind,so mum and dad and mum in law helped out,and we were very grateful,all money was paid back within wks.
I also lend money to family,but its always paid back in the end,
IM lucky that i dont have to lend money or get loans any more,children grown up and working full time and ive got a good job.x :-)

I said earlier i had been stung before, Here is what happend the last time i loaned anyone any money

I was friends with a guy for 20 years
In the early 1990’s he was about to go to st Lucia to get married his 2nd marriage,
He had paid the deposit and him and his girlfriend worked for the same company but just before he had to pay the remainder on his wedding they both got made redundant,
They where heart broken about this and asked if I could help,
I lent them £2000 so they could go ahead with their wedding
Within 2 weeks of them getting back they both had new jobs and after 12 months I had not had any offer of them paying me back so I said to my mate if things are still hard I would be happy for him to pay me back in instalments, after that every time I rang or went round to see him he was always (out)

Then I was in the pub one night 2 years later and another friend said you heard about *** I said no what he done now, he said he has just won £75000 on a scratch card and is flashing his cash around he’s got a new car and booked a holiday in the Caribbean ,

So I went round to his house and said congratulations on your win, any chance on you paying me my money back he said,
yes there is no chance of you getting your money back.

What happened next I cannot post on here as I don’t want to incriminate my self in any future court case

Roy

I am with Pork Pie on this and its true, if it was left up to me 20 yrs ago me and Itsmytelly would of been hocked up to the eyeballs but Itsmytelly put his foot down firmly I hated it at the time but so grateful even though I resented it at the time. It is true the harder you work for it the more apprecitate it.

Like Muffy I would hate to see my family or friends struggle, but if I borrowed money I would be terrified I may forget and I would truamtised. :-(

I'm not a borrower or lender,,,,,

dont have CC card,,,,,,and hanvt for many years....

have lent to friends and some have been very large amounts but its always been paid back. family have never asked to borrow cash....

I keep a book---------incoming --------outgoing.

balance --is mine,,,,,

:-D

Ann, I only thought of that after you'd mentioned buying a freezer, when I got the kitchen here done it was on a buy now, no interest for 6 months deal, and it was re-assuring to know it was on the card in case anything went wrong. That one I did pay off without any interest.

Yes, true Rose, I forgot to mention that.

There is though a very good reason to have a credit card which some people forget, and that is it often covers you if something goes wrong with the purchase of an item or holiday etc where if you'd paid cash you would lose out.

Mummo, that reply from your old 'friend' beggars belief and just shows what he thinks of your friendship. Better off without him i think.

We do have credit cards but never put anything on there if the money is not already available to pay it off. We pay off every month and as it is 'spent' it goes in my account book and is taken out of our bank balance as if we have spent it. That is how we have always done it and have had credit cards since they first came out, never been overdrawn on them except once when the post got held up, and the interest charged was repaid to us after a letter from me. We have also bought things (like freezer etc) on the buy now pay 6 months later, but only if we already had the money and it was paid off in time so interest was not due (have to watch those deals).

I have never borrowed from friends or family or lent to either, not been asked. I would lend to family or probably give if asked. as I know it would be paid back. I would also give to good friends but fortunately I don't think any of them are likely to need helping.

Hypothetically, if I borrowed from either friends or family it is not in my nature to not pay it back.

lmao @*mug the pensioner* :-D :-D :-D :-D :-D :-D :-D

I have a joint account with my dad so I get to run the money. He has £20 a week pocket money which never gets completely spent hence there is always a sum in his secret place. (Not that secret!)

I operate a scheme called 'Mug the Pensioner' by which I raid his savings if I need some cash. It always goes back but it does work out a lot cheaper than Wonga.com. I have £100 on loan at the moment.

Other than that I try never to borrow if I can help it, it is too easy.

mummo thats awful some people should be so ashamed of themselves

"Don't buy one; don't sell one but don't be without one".

The worst thing about this and the credit crunch is that in the last 12 months i have had several phone calls where they are trying to sell me credit to settle my debts,
Debts pluse more debt = bigger Debt

I think Gordon Brown must have given them my number.

If life was so simple we would all be millionaire's

Signed, Roy
man who owns out rite his own house plus one more thats rented out and who has money in the bank and all because i refused to take credit and save before i buy

Happy day's

To answer your question........yes have just told a very old friend that we donot want their friendship any more, him and his wife were having money troubles ( job seekers allowance ) so we lent them £50, now l know its not much and yes we could easily write it off but it was last May when we lent it and they haven't contacted us since not even offer to pay us a £1 a week back so l texted them to say we'd had enough and its a shame they have thrown away 40 years of friendship for the sake of £50, well blow me down his reply was........we were greedy to ask for the money back as we didn't really need it !!!
I have never borrowed money, if we haven't got it we donot have it, end of.

Can't argue with that, credit became so easy to get, i took my main card out when I was earning well..but long after, when I was looking after mum and not working they continued to up my limits year on year.

Ditto with the housing you could get a mortgage 3+ times your income just before the crash of 1990 ish, I know the people that bought our house back then were almost immediately in negative equity by 30k. You would think that would have made people cautious in buying property but up the prices went again and that previous crash was forgotten.

well said porkie pie

I am old school on this subject,

I have only ever taken out a mortgage and never any other kind of load,
I think when credit is readily available it's a bad thing because when you have never had to (go without) then you generally don't appreciate what you have when it has not been earned,

If i want a new car then my old one has to last until i have saved enough to pay for it,

When you borrow today then that new car that cost 20k ends up costing up to 35k by the time you have payed it off, that extra 15k is better in my bank than in the hands of the finance company.

I have loaned money to family and friends and been stung in the past so i never lend to anyone now, but i do give advice and other help where i can to both family and friends.

And for all those economists and politicians out their who NEVER saw the credit crunch coming i say shame on you, I said in 2000 that all this credit and so called remortgages that was wrapped up as taking the equity out of your home, should be banned because most people don't understand that they where selling their homes and would then have to buy them back at the higher value and so the credit crunch was born, and for anyone who thinks this was the fault of our American cousins think again they the USA was only doing the same as every one else and with it being a global market their are global consequences.

And i left school at 15 with no qualification

Roy