My friend won't pay me back after I loaned her $2,500. How do I ask for repayment without ruining our friendship?
A reader seeks advice on how to recover a $2,500 loan from a friend without damaging their relationship. The columnist advises setting firm boundaries and suggests that lending money to friends often leads to complications.
Why it matters
Personal lending can create significant interpersonal conflict and financial strain, highlighting the importance of clear boundaries in friendships.
The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information. ingwervanille/Getty Images For Love & Money is a column from Business Insider answering your relationship and money questions. This week, a reader loaned money to a friend who keeps dodging the conversation about repayment. Our columnist suggests setting strong boundaries and deciding between prioritizing the friendship or repayment. Dear For Love & Money, I have a good friend who was going through a financial hardship, and she asked me for a loan. She assured me she would pay me back quickly. I'm young and don't have a lot of savings , so giving her $2,500 was most of my buffer. It's been months, and every time I bring it up, she puts me off or changes the subject.
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