Borrowing Money in Another Country

[StuartHopkin]

Just lol at this thread, these must be the same people who go through the itemised bill at dinner to work out who owes what.

I said I wanted it back in the currency if I was there or what it cost me, if I get home.

I never said I remembered how much it was so I could check what had happened!

[NigDawG]

Anybody fancy leading me a few thousand, I'm not fussy what currency. I will pay you back as soon as the currency rates are in my favour, apologises if anybody loses out as a result.

Cheers in advance for the flood of pm's offering me the money.

everybody loves a bit of sarcasm but this is twisting the situation into something its not. like i said before, nobody here is trying to get one over on someone they borrowed money from.

[Royal Flush]

Anybody fancy leading me a few thousand, I'm not fussy what currency. I will pay you back as soon as the currency rates are in my favour, apologises if anybody loses out as a result.

Cheers in advance for the flood of pm's offering me the money.

Thankfully i don't have mates like that, people who would do that don't last long in my friends circle.

However if they did and i lent them $3k when its 1.75 and 3 years later its 2.0 and they pay me back i wouldn't care as i lent 3k and got 3k back. It makes 0 difference to me.

[The Camel]

Just lol at this thread, these must be the same people who go through the itemised bill at dinner to work out who owes what.

Reason for thread: I've been asked to mediate between two friends who this has happened to, and the money involved is huge.

Both are totally convinced they are in the right and I don't think they are particularly fussed about the money, it's the principle involved which is aggrivating them. In fact it's threatening their friendship because they are both so sure the other is wrong.

[Ironside]

Just lol at this thread, these must be the same people who go through the itemised bill at dinner to work out who owes what.

Reason for thread: I've been asked to mediate between two friends who this has happened to, and the money involved is huge.

Both are totally convinced they are in the right and I don't think they are particularly fussed about the money, it's the principle involved which is aggrivating them. In fact it's threatening their friendship because they are both so sure the other is wrong.

save the friendship get the guy who owes the money to get the money in dollars and pay the guy back that way and tell the guy recieving he has what was lent and he can wait for exchange rates to shift if he wants

[Royal Flush]

Just lol at this thread, these must be the same people who go through the itemised bill at dinner to work out who owes what.

Reason for thread: I've been asked to mediate between two friends who this has happened to, and the money involved is huge.

Both are totally convinced they are in the right and I don't think they are particularly fussed about the money, it's the principle involved which is aggrivating them. In fact it's threatening their friendship because they are both so sure the other is wrong.

save the friendship get the guy who owes the money to get the money in dollars and pay the guy back that way and tell the guy recieving he has what was lent and he can wait for exchange rates to shift if he wants

That.

[EvilPie]

Just lol at this thread, these must be the same people who go through the itemised bill at dinner to work out who owes what.

Reason for thread: I've been asked to mediate between two friends who this has happened to, and the money involved is huge.

Both are totally convinced they are in the right and I don't think they are particularly fussed about the money, it's the principle involved which is aggrivating them. In fact it's threatening their friendship because they are both so sure the other is wrong.

save the friendship get the guy who owes the money to get the money in dollars and pay the guy back that way and tell the guy recieving he has what was lent and he can wait for exchange rates to shift if he wants

That.

So if the guy wants the sterling equivalent he can't have the money now he's got to wait for the rates to change? You could go backwards and forwards forever with this arguement.

Bit of a tough spot if there's lots of money involved.

Tbh if they really want to save their friendship they should do this through an independant mediator and agree beforehand that whatever he says goes and it will be forgotten. Involving another friend isn't going to help because whoever the friends disagrees with will probably fall out with him as well.

Independant opinion ftw.

[Royal Flush]

I really can't see how this is hard for people to grasp, you borrow $10k you pay back $10k....

[The Camel]

I really can't see how this is hard for people to grasp, you borrow $10k you pay back $10k....

It obv isn't that easy.

One guy thinks he's lending in ££, the other thinks he is borrowing in $$.

Obviously they should have decided at the time of the loan wether the loan was in dollars or sterling, but they didn't and that's why the dispute has arisen.

I'm leaning towards to side of the lender, don't see why he should suffer a loss when he's doing a favour to the borrower.

Altho' tbh I wish I hadn't been asked to mediate.

[sovietsong]

Altho' tbh I wish I hadn't been asked to mediate.

Split the difference if everybody is being ghay about it?

[thetank]

Altho' tbh I wish I hadn't been asked to mediate.

Split the difference if everybody is being ghay about it?

Whatever happens you'll get one unhappy camper and one happy camper.

Unless you split the difference, then you have two unhappy campers.

[EvilPie]

You could split the difference and see which one looked happiest.

He obviously thinks he got a good deal so you then take his share off him and give it to the other guy.

[pokerfan]

Flip for the difference.

[thetank]

I'd probs come down on the side of the borrower.

If $$$ were handed over and he didn't specify then that the loan was in £££ then you've got to assume the loan is in $$$if that's what physically changed hands.

[The Baron]

I'm on the side of the lender tbh.

He's done the borrower a favour by the sound of it and has a legitimate claim for what he thought he was lending. If you are confident the lender isn't angle shooting then it's a misunderstanding in the lender's favour imo.