What should I do if my aunt lent me money?

What should I do if my aunt lent me money?

And then, if you still want to pay your aunt back, open a savings account and begin putting money in the savings account. Put in whatever amount you can afford to put in regularly. Give this savings account a name. Call it Aunt Payback or something, so that it’s clear it’s an account to pay your aunt back. Just keep putting money in it.

What should I do if someone lent me$ 15, 000?

If you really want this money back from once beloved friends, you cannot treat them as high school friends or former neighbors or even a second-cousin once removed. You need to treat them like customers. By not making any real effort to return the money, they have put a price on your friendship of $15,000.

What was the condition of my Aunt lending me money?

My aunt immediately agreed to loan me the money, but the conditions of her loan broke my heart. Rather than requesting your standard IOU, she made me write and sign a form stating that if I should meet an untimely demise she would get her money back from my estate.

Do you get your money back from friends who lent you money?

Stupidly, I didn’t put a contract in place when I brought the property as they were good friends. I plan to pay them back the £30,000 but when we last met, they said that when I had paid this back, they would be entitled to 100% of the profit.

And then, if you still want to pay your aunt back, open a savings account and begin putting money in the savings account. Put in whatever amount you can afford to put in regularly. Give this savings account a name. Call it Aunt Payback or something, so that it’s clear it’s an account to pay your aunt back. Just keep putting money in it.

If you really want this money back from once beloved friends, you cannot treat them as high school friends or former neighbors or even a second-cousin once removed. You need to treat them like customers. By not making any real effort to return the money, they have put a price on your friendship of $15,000.

My aunt immediately agreed to loan me the money, but the conditions of her loan broke my heart. Rather than requesting your standard IOU, she made me write and sign a form stating that if I should meet an untimely demise she would get her money back from my estate.

Why did my friends Lend Me the money?

Q My friends lent me £30,000 so that I could put down a deposit on a property worth £240,000. The mortgage is in my name and I have paid for everything except the £30,000 deposit. Stupidly, I didn’t put a contract in place when I brought the property as they were good friends.