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I know right off the bat you fags will say "You should never loan money to friends..." but let's put it into context...about two years ago one of my best friends was having custody issues with his ex over his son....she is a meth junkie, he is a hard working guy that doesn't make tons of money but gets by...I dont make tons of cash either but have always kept a good nest egg for "just in case" situations, I told him I'd give him an open ended loan of $1500 to start the custody battle process, that he could payback over time in any way possible without putting him or his family in a financial bind. (He won in the courts and has full custodyof his son since)...over the two years he managed to pay $300 on it which was fine...those were the terms. This year around tax season and Biden bucks I estimated he raked in around $10,000....he talked about clearing all his debts, to which I said...."Clear up all your bills, and whatever your family needs before closing the debt with me...family first..." Well yesterday I got on Faceberg as I do when I'm hungover and being lazy to see my friend has bought him a nice new motorcycle.....Initially I became pissed, and remain pissed (More offended, or hurt...but pissed!) Thoughts? Am I being a bitch about it?

I know right off the bat you fags will say "You should never loan money to friends..." but let's put it into context...about two years ago one of my best friends was having custody issues with his ex over his son....she is a meth junkie, he is a hard working guy that doesn't make tons of money but gets by...I dont make tons of cash either but have always kept a good nest egg for "just in case" situations, I told him I'd give him an open ended loan of $1500 to start the custody battle process, that he could payback over time in any way possible without putting him or his family in a financial bind. (He won in the courts and has full custodyof his son since)...over the two years he managed to pay $300 on it which was fine...those were the terms. This year around tax season and Biden bucks I estimated he raked in around $10,000....he talked about clearing all his debts, to which I said...."Clear up all your bills, and whatever your family needs before closing the debt with me...family first..." Well yesterday I got on Faceberg as I do when I'm hungover and being lazy to see my friend has bought him a nice new motorcycle.....Initially I became pissed, and remain pissed (More offended, or hurt...but pissed!) Thoughts? Am I being a bitch about it?

(post is archived)

[–] 12 pts

Don’t say shit to him. You don’t loan people money, you give it. As long as you look at it like that, you and your friend are even.

[–] 4 pts

listen here you commie faggot. you make a deal with somebody, especially a friend doing you a favor, you keep your end of it.

[–] 1 pt

Clearly, his friend doesn’t give a shit about this deal. Learn your fucking lesson and don’t loan money to people faggot.

[–] 2 pts

This is like a leftist saying "it's an unplanned donation".

A gift was not the arrangement they made, it was an interest free loan in a time of crisis.

[–] [deleted] 2 pts

You'd have to be a leftist to loan money with the naivete to expect a repayment without legal repurcussions.

I owed my buddy at least 6000 at some point. I'm a highschool drop out who was making near minimum wage at the time. I paid him back in little over 2 months. He died a month or two later. Lots of people still owed him money... But not me.

Fuck people. Give them money just to watch them fuck off.

[–] 0 pt

Its not about the money, its about respect.

[–] 0 pt

But if the friend respected him, he wouldn’t have gone out and spent money like that where he could so easily shove it in his face. This is no friend. There is no respect. Say whatever you want. It won’t change anything. Damage done. Learn your lesson. Don’t loan money to people.

[–] 0 pt

Word, though i dont think OP was dumb for lending him. Friend was dumb for disrespecting. But seems OP can afford the loss. Lets hope his friend can afford to lose a good friend.