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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

If you want a loan repaying then you can’t decide you’ll only accept cash ?

135 replies

Shouldbeeasy · 15/11/2024 12:15

I was loaned £1000 by a family member. The agreement was to pay it back £250 a month for 4 months. It was transferred to me.

I made the first repayment text to say I’d done it then get a message back that they’ve sent it back and I’m to deliver cash each month to them . They live THREE hours away. This was not agreed and I don’t understand but each time I say no I’m only doing bank transfer they won’t accept it. So now I don’t know what to do and I cant do a 6 hour round trip every month for 4 months !!!

OP posts:
RavenhairedRachel · 16/11/2024 21:19

Could you save the whole amount and deliver it when you've got it ? It would mean only one trip

Treesandsheepeverywhere · 16/11/2024 22:03

Has she replied OP?

Brefugee · 16/11/2024 22:06

Shouldbeeasy · 15/11/2024 12:30

They won’t explain why and for years we’ve done transfers for things like the dc birthday and Xmas gifts so I just assumed it would be the same but it seems to be a major problem . I’ve messaged to say In 4 months ill be up with the full amount so waiting for a response

Edited

well you have the upper hand here. So tell them it is a transfer or a cheque by post or they will have to come and collect the cash from you if they want it in person.

And then stand firm.

Deeperthantheocean · 16/11/2024 22:09

Strange but you can still use cheques, just need to request from bank. Xx

huuskymam · 16/11/2024 22:36

I'd expect it back the way I sent it. Travelling 3 hours to pay back money when it could be done electronically is madness.

MustWeDoThis · 17/11/2024 00:20

Shouldbeeasy · 15/11/2024 13:39

It must be benefits I can’t think of anything else but she hasn’t ever said she’s on UC but then we haven’t talked about it just other things . It’s just very strange and her dp knows I borrowed the money so it’s not as if she’s hiding it from anyone

It can't be benefits. This will not effect her award period. Not one bit.

Rottweilermummy · 17/11/2024 05:53

They'll have to wait until you have the full amount , visit you, or can you maybe meet them halfway if they're tha desperate, sending the money in the post I think is dodgy even if special delivery these days, still doesn't mean to say that they will receive ,

Flozle · 17/11/2024 09:53

Azandme · 15/11/2024 14:06

"If you want a loan repaying then you can't decide to only accept cash" is your title.

Of COURSE she can! She didn't have to loan you anything. The point is, it was a loan, you pay it back.

Well, yes she can, but it's unreasonable to stipulate this after the fact, especially given the distance involved.

Cherrysoup · 17/11/2024 09:57

Sounds very odd. Have you called to ask why she returned it?

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