Lending to a friend

[gothfairy]

Whilst cleaning the oven this morning... and later polishing my halo... I had Mathew Wright on the small television, listening to the conversations. One of them was about lending to a friend, brought about by the fact that Robbie Williams claims to have lent £200,000 to some friends to start a new fashion label only to find out they wasted it on partying and such. This prompted the discussion about lending to friends, would you do it. Would you lend a book or CD, favourite or otherwise. Would you lend money? And if you did would you do it with the expectation of getting it back, or not. Apparently you shouldn't give away anything you expect or want back! And the recipient also will assume, apparently, that if you have lent it, then in reality you have given it because you don't want or need or expect it back, so it's theirs!

I have to say I believe in the old adage of 'neither a borrower nor lender be' and don't lend anything to anyone, nor ask to borrow. The mortgage being the exception to the rule!

Views, ladies?

[Pippa]

Oh dear, difficult. I do lend books and CD's to family and close friends and I lend money to close family, so far everything always returned or repaid. To 'lend' £200,000 without some sort of legal contract I feel is naive. You really have to know and trust to whom you are lending, I even lend my car at times - perhaps I should start saying no.

[Oola]

Anything of great value that I would definitely need back I'd be at pains to lend. Especially mixing money or something of massive value (sentimental or otherwise) with friends and family can sometimes be asking for trouble.

[eleanor2]

i carry money a lot of people carry cards.so i do get the odd oh just lend me a £5-£10 only off famiy.i think i always get it back.we all swap d.v.ds.i am quite strict about giving anything back i have borrowed.i also like to get back what i have lent. have i got the borrowed and lent right way round.i think if you have a lot of money like robbie .people will try to take advantage of you.