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Meh, why do relatives get amnesia when you loan them money?

Posted on 10/24/14 at 10:00 am
Posted by ALWho
Earth
Member since Oct 2014
612 posts
Posted on 10/24/14 at 10:00 am
I know it's a dumbass question, I'm a dumbass, but this happens to everybody at one time in their life. If you loan a relative money, $500, maybe a grand, and they aren't on crack so your faith in them is good. With the knowledge, "I know you must need it or you wouldn't ask".... My question to the OT, is there some kind of contamination or diesease on $100 bills that causes amnesia? Because it ONLY happens to people in my family. Not talking about kids, adults. These assholes can buy new phones, cars, laptops or a fricking HOUSE.....and and..., "I thought I paid you back???" WTF?
Posted by Salmon
On the trails
Member since Feb 2008
83694 posts
Posted on 10/24/14 at 10:01 am to
1) I've never had a relative ask me for money.
2) If they really needed the money, I wouldn't ask them to pay me back.
Posted by FAF
NOLA
Member since May 2014
1427 posts
Posted on 10/24/14 at 10:01 am to
quote:

Because it ONLY happens to people in my family.


First rule of being part of a family: Never loan money to them.
Posted by abitabrewed4LSU
Houston, TX
Member since Feb 2009
1078 posts
Posted on 10/24/14 at 10:01 am to
I've never had to do it.
Posted by FT
REDACTED
Member since Oct 2003
26925 posts
Posted on 10/24/14 at 10:02 am to
It's a terrible idea to loan family money. Either give it to them, or don't. Loaning it creates a weird relationship that even after it's paid back can be hard to get over.
Posted by Black n Gold
Member since Feb 2009
15425 posts
Posted on 10/24/14 at 10:03 am to
quote:

It's a terrible idea to loan ANYONE money.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57528 posts
Posted on 10/24/14 at 10:03 am to
If you plan on "loaning" money to family or friends, dont plan on "getting it back"
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67296 posts
Posted on 10/24/14 at 10:04 am to
Because family assumes that they won't be pressured to pay it back. Don't pay your car note, they take your car. Don't pay your house note, they take your house. Don't pay back your uncle...what?
Posted by Lester Earl
Member since Nov 2003
279492 posts
Posted on 10/24/14 at 10:04 am to
meh
Posted by tigersownall
Thibodaux
Member since Sep 2011
15400 posts
Posted on 10/24/14 at 10:04 am to
You would most certainly ask them to pay you back. Especially if it's thousands of dollars. Family's get broken up over shite like this everyday.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 10/24/14 at 10:04 am to
i have been burnt twice with friends. Neither was meant to be a loan, I paid something large - hotel - with my credit card and they were going to write me a check.

Only to never write me the check.

But its only $500 or so, and they need the money more than I do.
Posted by Gator5220
Member since Aug 2010
3142 posts
Posted on 10/24/14 at 10:05 am to
I get amnesia too with family members that don't honor the loan I give them.

I forget they exist.
This post was edited on 10/24/14 at 10:05 am
Posted by Bleeding purple
Athens, Texas
Member since Sep 2007
25315 posts
Posted on 10/24/14 at 10:05 am to
Why did you have amnesia and loan a family member money more than once?
Posted by UL-SabanRival
Member since May 2013
4651 posts
Posted on 10/24/14 at 10:07 am to
No one will ever pay you back if there aren't consequences for failing to do so and oftentimes, even when there are consequences. Never do it.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71694 posts
Posted on 10/24/14 at 10:08 am to
Ugh. Never loan money without a contract, and if you do, just realize it's a "gift".
Posted by Artie Rome
Hwy 1
Member since Jul 2014
8757 posts
Posted on 10/24/14 at 10:09 am to
I'm sure it has been said countless times. Don't loan money to friends or family. You consider it a gift with no expectation of being paid back. If they pay you back...great.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92877 posts
Posted on 10/24/14 at 10:09 am to
quote:

I thought I paid you back???



If someone that owed me over a few hundred bucks said this I would probably cut them out of my life. If you can't pay, or don't feel like you can at the moment, whatever but don't lie to me after I bailed you out.
Posted by Black n Gold
Member since Feb 2009
15425 posts
Posted on 10/24/14 at 10:09 am to
Does he have a really nice 60" TV? Most people that "borrow" money do. Take that and make it your own.
Posted by mikrit54
Robeline
Member since Oct 2013
8664 posts
Posted on 10/24/14 at 10:11 am to
I'm sorry, what?
Posted by ALWho
Earth
Member since Oct 2014
612 posts
Posted on 10/24/14 at 10:11 am to
ALL great questions and answers, only once has a friend not paid me back, only family member do I get dry frick. The biggest issue is with an older brother, who's pretty much gone into hiding and it damn sure broke that brotherhood up.
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