Judge Judy said it before: "The fastest way to lose a friend is to loan them money."

You never let anyone borrow money unless you don't need it back.

1- Dont lend money to anyone who’d irresponsible with money or broke. They’re broke for a reason. 2- Don’t lend money to people you can’t lose. 3- Dont lend money period!

My cousin owe me $750.00 and would keep telling me I got you Monday. I got you Friday. I got you Tuesday and so forth to the point ion even care anymore. Nothing you can do but learn from your mistake and don’t loan them money again.

“The girl’s BROKE DUDE... You can’t get money out of a rock” 😂

You can't help everyone. This is a tough lesson.

*Rule #1: if you lend someone something, have the expectation that you may never get it back*

Never lend money to anyone period .

Very respectful guy. Hate that his "friends" let him down. Just goes to show you that more and more people are only for themselves.

Learned this lesson the hard way when I loaned my "friend" $200 to make rent and they promised they would pay me back after getting their first paycheck at their new job. They got fired for not showing up for the first shift, he stopped responding to my texts, and I've never seen that money to this day. I guess I learned the lesson pretty cheap compared to a lot of other stories I've heard.

My dad would say "let them keep it, thats their worth"

A good person will pay you back even if they don't have the money. They will find a way. If not, then they're a POS.

I once borrowed about $2200 from a dear friend, when a house closing came up with higher costs than I expected and I was short. I insisted that we draw up a promissory note where I would pay her interest equal to her savings account and payback in full within one year. She wasn’t worried but I said, what if I croak? I Want you to have your money back. So, I paid it back in full in about six months and she was very happy. So...put it in writing people, even with closest friends or family.

Friends, family and business are never to be mixed ever

I gave money to a friend once. It was to keep his lights on (literally). I told him, despite him insisting he'd pay me back, that the money never needed to be paid back. I haven't heard from him since then (6-7 years ago). I think he was too embarrassed to stay friends. He was also an outspoken atheist (despite being very inwardly conflicted, as he revealed in our talks about it), and no one would help him out but me (his outspoken Christian friend). Even though we haven't talked in a long time, I hope he knows I bear no ill-will towards him and I hope he remembers who his real friend was in hard times.

When Dave say get a credit card... Mind blown 🤯

I learned the same lesson at 20years old, never had a roommate again 😂🤣😂😁

This guy is 5 months behind on rent? I didn’t know you can even stay in a place that long without paying, hes basically squatting at this point!

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Sounds more like a boyfriend girlfriend situation.

Good thing I have no friends. No friends, no problem. 😉

my high school teacher once told me dont let people borrow money unless you can afford not to get it back

Caller: “He is an ABSOLUTE saint.” Dave: “He’s also SICK of you people.” 😂😂😂

Almost choked when Dave said can you borrow the money

I don’t lend money to anyone. The moment they come to me with money problems, I want to see ALL of their financials. I want them to pull their credit and so forth because I’m going to put them on a budget but they will never ever see a single penny from me! Period!

For anyone wondering, you CANNOT evict your own roommate on a co-signed lease. If that roommate stops paying their half, you still have to cover their half and pay the full rent to the landlord. You can sue the roommate in small claims court if you have supporting documentation that details the rent structure (this is why written roommate agreements are terribly important). You can explain the situation to the landlord, but it will be both of you who get evicted if full payments stop coming in.

Friends are problems. Only keep them at a distance.

This guy is so polite. Hope the best for him in this situation and he finds tenants

When will people understand..... Never, ever loan people money. Including family or friends.

Why did he go 6 minutes just to end with, “the landlord, is letting me out of the lease in the 15th.. she’s an absolute saint” so what’s the problem.. HAHAH

Not surprising. That's why they say the two worst people to lend money to are friends and family.

Sometimes we have to take accountability for our choices .

I have a roommate who's owed me a few thousand dollars worth of rent for well over a year. She doesn't pay regularly (sometimes once every two months, sometimes once every 6 weeks) and I don't even think she knows how much she owes me because though I routinely update a rent shared document, she doesn't check it. I told her this June that I would need that money back by the end of this year, because I have tuition to pay, and she said ok. Well it's close to mid November and the balance sheet looks about the same as June. I don't want to make a scene with her about it either, because she makes minimum wage and I know she is down on money. Though it irks me when she goes and eats out and spends money on restaurant trips or weekend getaways because I feel like she doesn't take me seriously or the money she owes me seriously. Don't be a conflict avoiding pushover like I am.

*most people I've let borrow money(which is few) borrow without intent to repay*

He’s also sick of you people 😂😂

Never loan someone money you aren't prepared to live without...

I pretty much look at lending someone money as a 'gift' not a 'loan'. If I can't afford to never get it back, I don't give it out in the first place

1) never lend money you need back. 2) she is not your friend. Friends don’t borrow money and not pay it back (same if the friend is male) 3) block her number, never look back. If she somehow calls. Say you’re not interested. Fool me once shame on you, fool me twice shame on me.

They're not friends if they don't pay. Losers think if they wait long enough you will forget the debt. Never forget!

Don’t lend anyone money. I learned the hard way too.

Confusing call. Good grief

He took his emergency fund to help his friend. No a bad guy, but he needs to save himself first.

It’s not every day you hear Dave tell you to take out the 401k! Wow nasty situation

Years ago my best friend asked for money because his truck was going to get repossessed. Feeling bad I helped him out. He disappeared and I had to track him down; I got $200 back but he skipped out on the rest. That was the end of our friendship. I spoke to him once again, years after lending him the money, but it was clear that we were no longer friends.

Bought a house with a long time roommate. I'd always kept track of the bills and told her what she owed; she accused me of cheating her. OK, you handle it. We fell 4 months behind on everything. She had lost her job and was using my half to live. I made her pay all the late payments (and yes, I took back the accounting).

I learned from my Dad many years ago, "never loan money to a friend."

I'd take her to small claims court. The judgement for rent will effect her credit until it's paid off and beyond. That's tough, but it's what big people have to deal with in every day life. Otherwise, she'll never learn to be responsible like a big person. If the shoe was on the other foot, you'd be sued in an instant. Stay single young man, or, unfortunately, you'll be paying much-much more.

He finally realized she ain't never letting him out of the friend zone

Dude, if you live in the DC suburbs, rent a cheap individual room. They are out there.

My aunt always told me “never loan a friend money. You just give them money because friends don’t pay back”

The three F’s do not mix: friends, family, finances.

Did I just hear Dave Ramsey advise someone to borrow on a credit card?

So he's facing eviction because she moved out months ago lol

Work things out with the landlord, find a new apartment, plan a Saturday move, recruit some friends and move everything that is his out while she's asleep or visiting parents or at her boyfriend's place. Let her come home to a empty apartment, a empty fridge, and no lights. Don't take her calls and block her on all media. Let her learn.

Me listening to this in August 2020, saying a prayer for him

DC and Maryland rents are outrageous he's right you need 2 or three roommates to live there my son's friend works at the Pentagon makes good money and has a roommate it's sad

You pay then sue. You see it on Judge Judy all the time.

Title: "My Friend Owes Me Money and Won't Pay!". Correction: "A Person I Know Owes Me Money and Won't Pay!"

NEVER EVER loan money. You can give it away. If you loan it, plan on never being paid back. Forget it. It is a lost cause. Learn your lesson and never do it again.

This is a perfect reason to go against Dave's insistence on cutting up your credit cards. A credit card would have sure helped out here.

The problem is always when we eat together and the bills have to be paid all together. Then many try not to pay!!!

Short answer: "Then they are not your friend."

No money..no friend. Move on.

This is called: "Robbing Peter to pay Paul"!

Never borrow, Never lend,that's the way to keep a friend 😮

Friends mixed with money is a toxic concoction!

This only delays the inevitable, he'll be evicted soon enough.

Exactly why you don’t lend money to friends or family

Looks like it’s time to find new friends...

This why I never lend money unless it’s to my parents and for them, I don’t expect them to give it back if they can’t. I just see it as me helping them out if I know they’re facing hardships. But never lend money to friends or people not immediately in your family that u don’t mind not getting back.

NEVER mix friendship and business ! EVER

Came here for a similar situation. My best friend is a bad gambler and is 5K in debt. He couldn’t pay rent this month so I lent him $500 with the promise that he’ll pay me back. It’s been 1 month and I’ve hardly gotten a text back. Such a shitty and scummy situation. My fault for trusting his word but idk what to do. I’ve let him know my feelings and I’m going to let this go but it’s destroyed our friendship for sure.

My buddy’s ex wife who hasn’t finished high school and only works part time was driving a brand new car. Turns out she had someone cosign for the car note. It’s repossessed now

Ex friends. Never do that.

You can’t loan money to friends or family. It has to be treated as a gift or you risk ruining those relationships. Don’t loan what you cannot afford to live without if you never get it back.

This guy: doesn't make enough; doesn't maintain good boundaries; doesn't pull in a new roommate in a timely and responsible manner, and he wants to sue a woman on a technicality to cover himself instead of being accountable for his behavior. What a creep. He was probably "nice guy"ing and it didn't work and now he's showing his true colors.

I've loaned out money a few times now I just play like my Jewish friends I just say I'm broke all the time

Surely the US has homes of multiple occupancy where you rent out a single room instead of a whole house/apartment. That way you still save money but others living in the house are responsible for their room only. Sharing bills/rent with strangers / friends is a terrible idea.

Sue her.

I didn't expect a roommate situation that didn't seem like a friend situation.

I got this issues too after that I don’t trust anyone.

Money means nothing between friends for good and for bad

My roommates were my best buds and they almost caused me to go into foreclosure. I should have never relied on anyone else to make the mortgage payment.

My brother lent a lot of friends money and keep a list. One dead beat became a lawyer another ended up owning a gas station. He was a nice guy and never asked for his money. If somebody owed me money and did not pay it back I would let the air out of thier tires then egg the car.

My mama ALWAYS told me: _"Never lend what you're unwilling to loose"._

Take her to small claims court!!! She is on the lease. I can bet you money that your landlord would let you out of the lease, even if you found no tenants because court is going to cost him more money!!!

When you loan money to buddy plan on not getting it back ,if you get it back call it lucky !

Friends are like ice cream, easily melted.

I agree with Dave, the lesson here is don't rent a place that you can't afford.

On top of my head, there are two friends I loaned money and who assured me would pay back. They never did and so I removed my friendship from the table.

It’s like gambling, only loan money you’re willing to lose.

So he was out of money, and was trying to get the money from someone he knows that doesn't have any funds. He wasn't paying his bills either... Yeah he made bad choices. Oh well.

He got the milk for free without buying the cow. One sin leads to another.

If they are not your spouse, don't sign anything with anyone unless it's a birthday card.

I learned my lesson with loaning money to people, just give it to them. Then their is no tension between the two parties.

I can’t believe this landlord let him live there for 5 months without paying rent.

Don't give money you'll care about missing.

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

I am familiar with the DC area and while the caller is right that rent there is outrageous, he definitely CAN rent cheaply. It will just mean that he's renting a room in someone's house or property. People there do it all the time to save money.

Oh the risks of having a broke roommate🤯😢🤔