Would you loan him money?

Never lend what you can’t afford to not have repaid.

It doesn’t sound like a good idea.

If you can afford to give him $200, then give it to him. Because you may never see it again and that way, you wouldn’t expect it back.

I would be worried about it. If you don’t know him well, why is he asking you for money?

Over the decades I’ve learned that Willy Shake knew what he was talking about:

“Neither a borrower nor a lender be;
For loan oft loses both itself and friend…”

Sounds harsh and unfeeling… I am neither.

@hawaii_jake Because no one else will lend him money…

If you really believe in him,then allow him. if he’s failed to return your money,don’t feel any regret,at least you learn some experience and you finally know a thing or two about this person.

Shakespeare: better than Dear Abby.

If it would really hurt (financially) to lend him the money, don’t. If you can afford it, then:

What is he trying to fix with his car? Is it urgent? Why is he asking you? Is there anyone he is closer to that he can ask? If so, why is he asking you? Why does he feel comfortable asking someone he isn’t extremely close to? Do you have a mutual friend that you absolutely trust, and if so, does that friend believe in his character? Have you lent money to a mutual acquaintance, and is it possible that that mutual acquaintance could have told him about this? And do you know he has the means to pay it back?

I sound kind of cynical, I know. But it’s good to consider.

NO, I would not loan him the money. NO!

Chyna said it.
If you can let it go immediately and you want to do a favor then do it. Don’t tell him he doesn’t have to pay you back, but consider it gone when it leaves your hand and if it comes back consider it a bonus.
If you have to do a whole lot of questions and answers to do background checks then you’re putting way too much into it. Just realize that you may set up a habit if he finds out he may need more for the repair etc and make a decision ahead of time exactly what you’re willing to do and that’s it.

If you want to give your money away, then give it to me.

Don’t do it, I can’t believe they would even ask you. There has got to be a reason why he can’t ask one of his friends, think about that. I don’t believe in lying, but if you can’t tell them the truth, that you just don’t feel comfortable doing it, then tell them, you just don’t have it to loan.

I can “afford” to loose $200,I won’t like it, and I don’t want to give it away.
I’ve loaned money to close friends before and have always been paid back… but never friends of friends, but he’s kinda stuck here until he can get this fixed….

find some kind of collateral, maybe?

SRM

The nature of you asking this question in the first place seems to have the answer in it already. Way too much thought is being expended which leads me to think you have serious misgivings.

Judge Judy would say “Why doesn’t he borrow from his family? If they won’t loan to him, there is a reason.” Not that I have watched that show or anything.

Presume it is a gift, and if you want to give it, do.

I tell people this…..“you don’t arrest people and i am not a bank”. if you have any doubts, act on your instincts and do not loan the money. if all else fails and you do loan the money, be sure to have the loan agreement in writing and signed by this person. date the agreement and have a witness also sign. this way, if the money is not returned, you can sue this person in small claims court. do not loan any money without a signed agreement.