Trending @Capgemini; Should help a friend or not?
A close friend who got married last year has urgently asked me for ₹15 lakh, saying she will repay it. She explained that her in-laws took a loan at an extremely high interest rate (around 102%), which has led to heavy debt. While I trust my friend and believe she has the capacity to repay, I’m concerned about the risk and uncertain about her in-laws’ financial situation. Should I help her or not? I mean she is good find but amount is not joke for me either
No. One thing I've learnt in last few years is NEVER lend money to friends/relatives unless it's a medical emergency. They always say that they'll return it for sure but its you who'll have to beg for your own money from them later. 15 Lakhs is no joke. Even if you fully trust the person, lending 15 Lakhs is not a wise decision. At most, if you really want to help, then you can help her with few lakhs but be mentally prepared that you might never receive it back from her.
Thanks, got to know after asking around the dept is more than. 15lakhs n it's complicated situation. Thinking of politely asking her if she is ok with a small amount which I can give not get it back but whole I not possible for me. Feeling sad for situation though ideally she should also not pay anything n let her in laws n husband handle it n bare recursion God knows what's she Thinking 🤔
U will lose the freedom to talk to her, u have to be always nice to her u cannot hurt her ego she can treat u like shit but u have to listen to her, here u will be vulnerable not her. Her in-laws will make the same mistake again. Hence she will never be able to pay u back. She will pay u some amt in bits nd pieces which is of no use for u.
If it’s for her then it’s okay, but for in-laws purpose uff it’s a big no. They will not give or she will not have the capacity to give
Give only that much which you can forget. No matter how good a friend she is, fortunately or unfortunately,people are like this only. Second, assess her worth, if you think she can return 10lakhs, give her 2.
Big no
Bro never lend money to your friends.
No
