loan money to my friend?

<p>For college students, how much are you guys willing to loan money for your friend in desperate need of money for essentials like rent, credit card payments, etc? Is $100 bucks too much?</p>

<p>I wouldn't loan any money, but then again, I don't have any money. It all depends on how much money you have.</p>

<p>I have had bad experiences loaning money to friends and I don't do it any more. Also, I don't have any money to loan out (especially in college).</p>

<p>Don't EVER loan money to friends unless you're completely okay with never seeing that money again. Even if it's just a dollar. Money can balloon until you never want to see that person again.</p>

<p>well, maybe I have to change the question. </p>

<p>Are you guys willing to give up your extra money set aside for entertainment/dining/clothes or whatever to help a friend in need? Or Friends who recently lost their job and needed help in paying their bills, rent, food, and other necessities? You may or may not get the money back, and if you do, it would take months, but at least you help someone and you are being a good friend.</p>

<p>I'd feel bad for that friend, but personally, I wouldn't give any money. I already cut down on EVERYTHING. Seriously, this winter break I've pretty much been sitting at home just so I have some money left for next semester. Being a good friend is good, but I don't believe it should include material help.</p>

<p>But if you want to lend him/her some money go ahead. Just be sure you're ready for the consequences.</p>

<p>HisGraceFillsME, even a dollar? Interesting...</p>

<p>I have paid meals for this friend, she helps me too, and if she has money, she also pays for my meals, so it is a mutual friendship. However, in the recent months, she already exhausted help from her family. Also, she is actively looking for a job after losing hers due to company not doing well. She somewhat have a job now, pass the interview, manager told her she is hired, but did not officially started the job, they are not calling her yet on when she can start. She is really depress, and I know I am her last resort, knowing that we are both college students and I only work part time. My employer only gives me a few hours at work. </p>

<p>So I do have a $100 to loan her. The thing is, it would mean I would refrain from going out for like a whole month. Maybe just work, and school, sleep or whatever free thing I can do. Are you guys willing to make that sacrifice? I know, I sound doubtful (I don't know what adjective to use), a whole month of not spending or maybe just buying a coffee in the morning is a bit incovenient for me.</p>

<p>Did I say I wouldn't give it to someone who truly needed it?</p>

<p>No. Please don't put words in my mouth.</p>

<p>I almost always loan money to friends who need it if I am able, because I'm okay with never seeing it again. But I've noticed that not everyone is so willing to give.</p>

<p>$100 is a lot of money. I would be doubtful as well. I guess it would depend on the friend.</p>

<p>I lent $300 to my former roommate in November 2007 for plane tickets so that he could see his parents for Christmas. Haven't seen a dime of it since. He has given me just about every excuse in the book since then.</p>

<p>Don't do it. Just don't.</p>

<p>$20 is my max. Even then they owe me. It may not be money, but it'll be something. As creepy as that sounds.</p>

<p>No more than 30-40 bucks, but my roommate and some of my close friends, who I TRUST and have lent me money before, I would be willing to loan maybe up to $75. These people have my back though and arent just some random people...I still dont like loaning a lot of money.</p>

<p>This morning before going to work, I loan my friend the $100, and it really hurts knowing it's my weeks wage. I have to give her that money, I made a promise. However, I was annoyed when she ask to increase the loan to $150. I was like "No, I have to buy my books", but she did not insist further, she just said "ok, I understand". This friend really has a gift of making someone feel guilty if that person will not follow what she says. </p>

<p>This definetly put a strain in our friendship. She is sweet, but needy and it is getting annoying. I have never borrowed money from friends ever. I always ask money from my parents or siblings. I am also good at saving my money, and I am frugal which is why I don't have much financial problem. I know it is not her fault that she is not doing well financially, but I am only a college student and I am not willing to help her financially which is very selfish of me.</p>

<p>One of my friends owes me about $30 right now, and she is pretty poor right now so I understand, but she also understands that I am not loaning her anymore until she pays me back this. I wouldn't do it if your friend is particularly unreliable about paying people back like my friend is.</p>

<p>
[quote]
No. Please don't put words in my mouth.

[/quote]
</p>

<p>Pretty much no one put words in your mouth. Especially since I doubt that words can squeeze in with all the other things going in and out.</p>

<p>I wouldn't loan more than I'm willing to lose, probably no more than $50 max.</p>

<p>I love to loan money, I just do it at interest. Never had a problem getting it back either. But then again im not the type of person people try to screw over.</p>

<p>I wouldn't if I were you, money can easily come between a couple of really good friends and relationships may never be healed.</p>

<p>I would not loan any money.</p>

<p>I even would not give any money as gifts for birthdays</p>

<p>my friend lent me $300 a few months ago to cover the application fee for an apartment, I just couldn't afford it w/o the help, and i'm still paying it off, but i don't have ne intention of not doing so. i'd say lend it if u trust them</p>