My dad has asked me if I can lend him some money so that he can take his Taxi driving test to get a taxi licence, the problem with this is that it will be the third time for him to take it and I paid for the first two.
First time was £200, this was to pay for his test and all the other bits that go with it
Second Time £80 as he failed the first one I thought second time would be no probs for him, I was wrong
Third time He is not late for his rent and needs to sit a third test, problem is he is trying to get together £200 and he asked me for £100 of it, if I do that will be £380 or £480 if I lend him the full amount
Now my dad lost his house a little while back and as he had loans out in my name and I was also on the mortgage I was asked to repay alot of money, which I couldn't afford so I had to go bankrupt (I did have a loan so not 100% his fault) but I have lost 10k that I invested with him/in his company/in his house, I wasn't sure what he used the money for but gathered as he was paying me £300 a quarter did it matter, well it turned out it does as I have got nothing back, technically I also lost another 10k as I was supposed to get this when he sold the house, which he didn't sell in time.
So I'm not sure what I should do, do I lend him the money and tell him that's it and I can't afford anymore if he doesn't pass, but if he does pass, at least he will be able to start paying me back, the trouble is I am not that flush since going bankrupt as I no longer have access to credit cards etc as this would tie me over till i get the money back. I do have a small fund tucked away which I wasn't trying to dip in to as I have set it aside for a stag weekend and the end of this month and the Reading festival at the end of August.
Tuesday, July 01, 2008
In a Jam
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1 comment:
It's a real toughy this one but I would strongly advise against lending him more, you have already lost so much and in the event he can't pay you back bang goes your weekends away.
Because like me you have no other way of getting hold of any extra cash should you need it.
Cruel I know but you do have to still look after number one...good luck with whatever you decide darl..xx
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