Friends that keep asking to borrow money?

Question

several years ago, i was able to help a couple of guys financially when they needed to borrow money. sometimes they pay back sometimes they don't- i cant afford when they don't pay back anymore. in the past 2 years, i cant help them anymore but they still keep asking. every time they ask, i feel that it's difficult to say no, and don't like being put in that situation. i still value the friendship but don't want to open their emails anymore knowing that it is a request for money. any suggestions on how to stop the requests?

Answer 1

e-mail them the amount they still owe.

Answer 2

tell'em where is my money from last time. if he doesnt give it to you tell him that he will go stewie from family on you. and youll do wat u did to brian from family guy haha. and BTW: they r not ur real friends.

Answer 3

This is a serious answer - tell them you have fallen on hard times and now you need back some of the money you lent them over the years.  In fact things are very bad and you now need to borrow money from them.  Every time they ask you for money just ask them for money right back, eventually they will give up and start bugging someone else.

PS - If they were really good friends they'd stop leeching off you, but admittedly it can be tough to change old behaviors, especially if you keep giving them money even periodically.

Answer 4

I Know what your saying it's hard to say No to a good friend, But you both have to realize that money shouldnt have a conflict in a good best friend relationship.

If it does then your friend is using you.

Got to learn sometime man

Answer 5

copy and paste what you said here and send it to them in an email...honesty rules!

Answer 6

Just be honest with them. Tell them you can't afford to keep lending money. Sounds like they're taking advantage of you. Tell them you'd appreciate it if they would stop asking cause you no longer have the funds. If they're real friends they wouldn't ask, they should sense that you're uncomfortable with that situation. If they're real friends they'll understand. If they don't, they're not real friends and you haven't lost much.

Answer 7

I've actually experienced this first hand with a family member who would always ask us to bail him out of a jam. It got to the point where he had a tab with us & that was fine with us b/c we had the money & didn't mind it but when times got rough for us & we needed some help from him he didn't respond the same way. A few weeks after that when he needed money again he ask us & we just said NO! It felt bad & he tried to give us the ol' guilt trip but we stuck to our guns & now he doesn't ask us for money & our relationship is still good. I think the only thing you could do is just say NO...you don't owe them an explanation a plain no will do. It may feel uncomfortable at first but you will live trust me.

Answer 8

Just say no. Period. If they want the friendship, they'll get the message and stick around. If all they want is your money, they'll get pissed...and maybe you'll finally get the message that all they want from you is not friendship at all but money.

Answer 9

tell them you are still waiting to be paid back for the last loan - if and when they do pay that back  tell them you can't afford to lend anyone money anymore - or tell them you want 12% interest and title to their car as collateral and if they don't have collateral - you can't help them - then suggest a bank or local loan shark