What is the maximum timeframe for someone to owe you?

[Fidelia]

Some people have to take the help of friends in difficult situations by lending money from those friends. Supposing you are that friend that wants to lend someone money, how long would you allow for him to pay the money back.

For me, if you are owing me, I allow three months for you to pay back or else I take action. How long can you allow someone to owe you?

 

[Augusta]

For me it would be about the initial time frame given to you and an additional 2 weeks and that's it

 

[Fidelia]

I always make sure that I expressly tell you the timeframe that I need my money back before I lend out and put everything on record because humans can be so terrible.

 

[Augusta]

Yes if possible you should have the information on black and white for future reference. You just send the person a reminder to pay you.

 

[Springtime]

I have never lent money to others except to my elder brother. He had some cashflow problems with his business. I trust him a lot. We didn't sign anything in black and white. He promised to pay me back in six months' time. And he did that.

 

[Stardom22]

For me it depends on the date that the person had pleaded. For me l can't allow more than two weeks.

Post automatically merged: Jul 24, 2024

For me l can give you a maximum of like two months after which l would take legal actions upon failure to do som

 

[Nomad]

It depends who the borrower is? If the borrower is someone I care about, I have no hard and fast rules for repayment

 

[eLdavis]

It depends on what was agreed on. I don't add or remove anything to it unless the person tells me before hand, then we can work something out.

 

[freelancermaria]

The time frame for repaying borrowed money depends on the person. If someone important to me has helped me in the past, I would be more lenient and allow them some extra time to pay me back.

 

[Kross]

When someone borrows money from someone, it is expected that I and tev person agree on the repayment timeframe based on my present financial condition.

 

[King Belieal]

The thigh is that, even if one agrees the timeframe with the person, they would still default and give you excuses.