About a year ago, My father was asked for $1000 from someone he vaguely knew from his work (from which he recently retired). He gave his story which was the very vague "I've fallen on some hard times, and need the money to cover this months rent".My dad is one of those people who just wants to please everyone, and very seriously considered helping this man. In the end, we had to say no. a $1000 isn't insignificant for us, and though he may have been able to afford it. We didn't know this man very well, and thought that if he were credible, he wouldn't be asking an acquaintance, he would be going to closer friends or family. He asked me what I would do in this situation and I told him this.

For me, unless it was my brother, or one of 6 close friends (those six and I have been very close for 15 years), if I couldn't afford it, i would say no right away. If I could, I would not lend them a substantial amount of money unless they had proven to me that they really needed it. They will have had to have:  Sold the car, cancelled the internet and cellphone, been getting side jobs, and cutting out other various things that are unnecessary during their tough time. I would be clear that if they don't pay me back, that I will not ever be lending to them again, however, the way that I word it might be different depending on my financial situation, and the relationship that I have with them. ("if you don't pay me back, I will never lend you money again" vs. "If you can't pay me back, I understand, but don't ask me to help you again if you don't".)

and for me to feel ok asking for a substantial amount of money, I will have had to have done all the things that I expect, plus anything that the creditor would want.
user
I would not lend $1000 to someone I don't know if they were asking for money, and would prefer that they pay it back.** So what's your opinion? Is it OK to give money to someone when you don't know what they need, though you might have to help
assistant
About a year ago, My father was asked for $1000 from someone he vaguely knew from his work (from which he recently retired). He gave his story which was the very vague "I've fallen on some hard times, and need the money to cover this months rent".My dad is one of those people who just wants to please everyone, and very seriously considered helping this man. In the end, we had to say no. a $1000 isn't insignificant for us, and though he may have been able to afford it. We didn't know this man very well, and thought that if he were credible, he wouldn't be asking an acquaintance, he would be going to closer friends or family. He asked me what I would do in this situation and I told him this.

For me, unless it was my brother, or one of 6 close friends (those six and I have been very close for 15 years), if I couldn't afford it, i would say no right away. If I could, I would not lend them a substantial amount of money unless they had proven to me that they really needed it. They will have had to have:  Sold the car, cancelled the internet and cellphone, been getting side jobs, and cutting out other various things that are unnecessary during their tough time. I would be clear that if they don't pay me back, that I will not ever be lending to them again, however, the way that I word it might be different depending on my financial situation, and the relationship that I have with them. ("if you don't pay me back, I will never lend you money again" vs. "If you can't pay me back, I understand, but don't ask me to help you again if you don't".)

and for me to feel ok asking for a substantial amount of money, I will have had to have done all the things that I expect, plus anything that the creditor would want.
user
If I can't afford it, I will say no.
assistant