der_grosse_e
 |
If it's really your friend you should ask for nothing back. If they don't pay you of their own will they probably never will |
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Mom
 |
It has been 11yrs so I don't think you will be getting it back. Write it off as a lesson learned. |
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Bianca W
 |
Get over it. It was only 200 and that was 11 years ago. |
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Real Georgian
|
Be happy if you even get your $200.00 back |
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hutmikttmuk
|
Eleven years ago? Consider it a gift, you will keep your friendship. |
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pdonlevy
 |
This is impossible to answer without information about the interest rate. |
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laney45
|
A friend doesn't charge interest on a loan, do you really think your going to get the $200.00 back? and if you do , consider yourself lucky... |
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derek
 |
If it were me, I'd write it off as tuition in the school of life. I hope you both learned your lesson.
How about $200 and a six pack? |
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menschliches.wesen88
|
not more than 300... |
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Brand X
|
It depends on the interest rate and how often it compounds. |
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kristy
|
don't you think after 11 yrs you should write it off as a lost and a lesion learned for u. |
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MOM KNOWS EVERYTHING
 |
What were the terms of the loan? How much interest did your friend agree to? 6% 10%? Simple or compound interest? Was anything in writing? Did your friend borrow this money from YOU? Anyone who loans money to a friend should be willing to forget all about it immediately. Friendship is more important than money. If you wanted to make a business transaction out of it, you should have spelled everything out in clear terms and insisted on regular payments long ago. |
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judy f
|
You sound like a tightwad, penny-pincher. Get a lawyer to
settle it - then you can pay $l,000 to the lawyer. I wouldn't
want you as a friend. |
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towandakim
 |
$200. The interest is in the friendship and the fact that you waited this long for repayment and that your friend is still trying to pay you back. If the $200 killed the friendship, then the interest is the lesson learned... but.... unless you are a bank or you declared at the time of the loan that there would be interest... then your friend only owes you the amount borrowed, no matter how many years later it's repaid. |
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Dead Baby
|
$500 |
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admiralgill
|
Whatever the paper he signed for repayment says. What you have no paper? You will be lucky to get the initial amount |
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RACQUEL
|
It depends on the rate of interest |
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wizjp
|
$200 unless there was a specific interest mentioned. |
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justwannaknowstuff
|
They shouldn't have to pay it back. It was eleven years ago...and it was only $200. Let it go and be a friend to the person not a loan shark. You should never loan money with the expectation of getting it back...give because you can and you want to. |
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Katie S
|
If you didn't specify that the amount should be repaid with interest, then he doesn't owe you any interest.
If you didn't specify a timetable for repayment and set forth penalties for violating that timetable, he doesn't owe you any penalty fees.
If you did set all this forth ahead of time, then you really should have given us that information, though in such a case you probably wouldn't have needed to ask because there are several good interest rate calculators online.
"If you lend somebody $20, and then never see them again, it was probably worth it." |
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suz'
|
Why wait eleven years to collect the money? |
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Dee
|
I would say at least 1000 and that's being nice, never again would I lend him a penny. |
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sarahsmiles1222
 |
You should just write off that money. If I "loan" money to a friend I usually don't plan on ever seeing it again if it's not paid back within a month, I especially wouldn't expect it back after 11 years. Are you kidding? |
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