How Do You Get A Nigga To Pay You Back?

[32DaysOfInfiniti]

Ask for it?

 

[Yroc]

yeah you gotta charge that to the game bruh. irl you gotta know when to overlook the principle. be mad at yourself for overspending; you can control that. you ain't got control over another nigga's integrity tho.

 

[JJ 1975]

Grow a pair and ask straight up.

 

[Mister B.]

Start taking shit for collateral.

 

[hawk d]

This is where you gotta start slappin motherfuckers up about yo ghetty green or else they're gonna keep running u over "I aint paying that nigga Minister back fuck his drank and bills" thats what the nigga u loaned money to is telling his boys right now while smokin a fatass blunt he bought with your money

 

[Young_Chitlin]

4 Tips for Loaning Money to Friends

by Tim Parker



If a friend or family member has ever asked you for money you know how awkward it is. Your money is something that you worked hard to get and your relationship with that person is important and valuable to you. You don’t want to lose your money or hurt your relationship with that person so the idea of a loan doesn’t sit well with you but helping somebody often takes precedence over sound reasoning.

If you’re going to make the loan, make it in a way that minimizes any damage to your relationship with that person. Here’s how.

Write it Down

Asking your friend to sign a contract may seem a little bit heartless but you can always come up with a more palatable reason. You need it in writing for your taxes, your spouse would feel better about it, or be honest and say that you’ve seen friendships ruined over verbal agreements and that person is too valuable to you to lose.

Of course working with an attorney is the most thorough option but that seems a bit overkill if the loan isn’t for a substantial sum. Instead, look at sites like lawdepot.com that offer standard loan documents that you can customize to fit your needs. Still too formal? Write something out that provides the loan amount, the interest rate and the payment details. In small claims court, that will be enough.

Get Some Collateral

Once again, it may seem a little too shady bankerish to you but remember that your money is often not yours alone. It’s your family’s money and you have more of a responsibility to them than you do to your friend. Ask your friend for collateral that is worth more than the loan. Then, go to an attorney and legally perfect the collateral. This puts the property in escrow and allows you to claim it if the person defaults.

This is appropriate for larger loans since attorney fees would make in impractical for a few hundred dollars.

Charge Interest

Now you want to make money on the loan? What kind of friend are you? First, if you loan somebody money and it were 100% paid back to you, you still lost money while it was out of your possession so they should pay you for that. You could invest that money and make a conservative 4% each year so why shouldn’t they pay you interest?

In order to avoid gift tax issues, the IRS requires you to charge a minimum amount of interest on personal loans. Unless you’re charging a large interest rate, you’re not making money. You’re just not losing any.

Don’t Do it!

Does all of this sound a little heartless and the act of an uncaring and untrusting friend? Good! Don’t make the loan. Making loans to friends and family often doesn’t end well. If you don’t get the money back, the relationship is severely strained, you look like the mean debt collector, and in the end, everybody loses.

If you want to help, give them the money as a gift without any expectation to pay it back. Tell them that if they want to do something in return, put that money in to a college fund for their children once finances improve.

 

[bull6599]

i don't ever lend money unless i'd be fine if i never got it back. you can't count on someone paying you pack

^^^this^^^

 

[Idiopathic Joker]

Hire me

I'll get your money back

 

[TheFix]

Either don't lend it out, or be prepared to chalk that shit when it leaves your hand. I'm a nigga that moves by principles, and I find it very hard to go against rules myself in favor of you so I never loan money, if you need it, and I have it to give away, i'll just give it to you. If not, then i just tell niggas I dont got it. If I feel like a nigga is tryin to play me, it's gonna get ugly. Who knows how far it'll go, all that over $100? I'll take it there though because it's not about the money, it's about you playin me like a cornball. If i'm a real nigga, then i'm obligated to show you otherwise.

 

[mr.jamrock]

To avoid this ever happening again do as i do. only walk with plastic when you know you got that one friend or relative that's always begging. or before they can even ask walk in with that wtf face and say damn hadd to pay this or that and damn im broke.

 

[Cutty5000]

To avoid this ever happening again do as i do. only walk with plastic when you know you got that one friend or relative that's always begging. or before they can even ask walk in with that wtf face and say damn hadd to pay this or that and damn im broke.

Either that or be like "damn, I was just about to ask you if you could help me out."

After that, they'll never ask you for anything again.

Ironic, but usually most people who go around begging don't wanna be bothered with people asking them for anything.

Probably because they think that the people who come to them are trying to get over just like they are.

 

[In Your Moms Room]

Shoot em in the knee. Then run his pockets.

 

[The Prodigalson]

Bust his shit up. Niggaz owe you money and you wondering how to get it back? You ain't trill off this thread alone.

 

[Dupac]

i don't ever lend money unless i'd be fine if i never got it back. you can't count on someone paying you pack

this here..

 

[MrSoutCity]

I burned a nigga car for my $80 but it was a waste cause I think he got some insurance money.

 

[The Prime Minister]

Lex Talonius aka "law of the claw" aka "eye foe an eye" sucka!!!

Lex Talionis means the law of retaliation. It would be pointless to risk getting arrested over a bum ass dude. I've already been in the clink for fighting once before. It's not worth it.