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would you make your s/o sign a promissory note?

 
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SpunkiBrewsta View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote SpunkiBrewsta Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 7:20pm
no, i wouldn't.
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jonesable View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote jonesable Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 7:22pm
Yeah
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hairfanatic501 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hairfanatic501 Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:21pm
Think about his track record. If in the past he has always given you your money back (or reimbursed you for your expenses) then I wouldn't make him sign anything but if he has proven himself to untrustworthy then I wouldn't loan him anything that I can't afford to lose. I would either give him a couple dollars towards the 1K or I would make him sign the promissory note (and I would ONLY give him the money if I truly believed that he needed it i.e. he needed to get his car out the impound so that he could go to work). 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote nitabug Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:24pm
yep
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScorpioLuv Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:27pm
If Im not married to you, Im not loaning you that much. But for any big amounts, thats a no-go


Edited by ScorpioLuv - Jan 21 2013 at 9:43pm
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ScorpioLuv View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScorpioLuv Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:31pm
Originally posted by hairfanatic501 hairfanatic501 wrote:

Think about his track record. If in the past he has always given you your money back (or reimbursed you for your expenses) then I wouldn't make him sign anything but if he has proven himself to untrustworthy then I wouldn't loan him anything that I can't afford to lose. I would either give him a couple dollars towards the 1K or I would make him sign the promissory note (and I would ONLY give him the money if I truly believed that he needed it i.e. he needed to get his car out the impound so that he could go to work). 
I cant agree with that. I had loaned an ex some money before about a good 2 times, paid me back on payday, no problem. Third time, I told myself it was going to be the last. Never saw my $200 or him again. I was told by another guy that thats how they set u up to do that. Borrow money to pay it back a good 2 or so times to then borrow more and not pay it back.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote TokyoRose Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:40pm
I learned the hard way about loaning a much smaller amount of money.  That was the first and last time I ever loaned anyone anything.  I am now of the mindset that if you are good with your money, you will have at least a good portion of any emergency expenses covered.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ScorpioLuv Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:42pm
Originally posted by TokyoRose TokyoRose wrote:

I learned the hard way about loaning a much smaller amount of money.  That was the first and last time I ever loaned anyone anything.  I am now of the mindset that if you are good with your money, you will have at least a good portion of any emergency expenses covered.
This. I'll loan close friends $5-20. Thats it
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hairfanatic501 Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:50pm
ScorpioLuv I am so sorry that happened to you. I was speaking on my past experiences and I got this one (and only one) ex that i know if he asked to borrow that much money he truly needed it and would give it back but at the same time he would probably do without before breaking down and asking me for that much money. Now, for the rest of my boos/ex's/whatever you want to call them I'd give them a couple of dollars if I felt like because a grand not worth a lawsuit. But after hearing your story I wanna change my answer to JUST SAY YOU HAD A BUNCH OF UNEXPECTED EXPENSES COME UP AND YOU'LL BE BROKE UNTIL AFTER WHATEVER HE'S TRYING TO PAY FOR IS DUE.

~ He can't be mad at you for being broke


Edited by hairfanatic501 - Jan 21 2013 at 9:51pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ms_wonderland Quote  Post ReplyReply Direct Link To This Post Posted: Jan 21 2013 at 9:54pm
Originally posted by ScorpioLuv ScorpioLuv wrote:


Originally posted by hairfanatic501 hairfanatic501 wrote:

Think about his track record. If in the past he has always given you your money back (or reimbursed you for your expenses) then I wouldn't make him sign anything but if he has proven himself to untrustworthy then I wouldn't loan him anything that I can't afford to lose. I would either give him a couple dollars towards the 1K or I would make him sign the promissory note (and I would ONLY give him the money if I truly believed that he needed it i.e. he needed to get his car out the impound so that he could go to work). 

I cant agree with that. I had loaned an ex some money before about a good 2 times, paid me back on payday, no problem. Third time, I told myself it was going to be the last. Never saw my $200 or him again. I was told by another guy that thats how they set u up to do that. Borrow money to pay it back a good 2 or so times to then borrow more and not pay it back.


This is true...people set up good "credit" with you then you're good for the oakie doke.

I watch too much judge judy not to do the promissory.
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