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Originally Posted by teepack
My dad gave me two pieces of advice when I went off to college: Don't ever loan your friends money or your car. You stand to gain nothing from either transaction, and you risk losing a lot more (including their friendship if they total your car or never pay you back).
You stand to gain the chance of them loaning you cash or their car if you need it.
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Think it's pretty sad how many people in this thread wouldn't loan money to friends, isn't that part of friendship, helping each other out? If I didn't think they would pay back they wouldn't be a friend, and if it turned out they screwed me over then it's a pretty cheap price to pay.
+1. Helping each other out is one of the most important parts of friendship in my eyes.
To the people who say they never lend money to others: Where do you draw the line? 50$ for gas when he doesn't get his paycheck before the next day? 20$ at the movies when your friend forgot his wallet at home? Paying for somebody's meal in exchange for him paying the next time?
Getting asked for money at the casino happens all the time. I always politely decline if it's none of my friends.
I had to borrow money from friends at casinos a couple times and never did I get a "no" if the person had sufficient funds with them.