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I presume she knows that he is on a large income. She may/may not know the exact amount of $$ that come in each week and where much of that amount goes. I know many people who have separate finances, even within marriage. Not the way our family works, but it is the way that some do. If this...

I think you are being a bit harsh there Mark. While I can see your point of view is probably that she is just as much to blame because he has probably spent considerable $$ on dining and entertaining, I think you also need to bear in mind that the fiancee may not be aware that her soon to be...

I just don't know what to say! He's on $150k and he needs to borrow $2k? That's less than a weeks salary to him.

If this guy is, in fact, a friend, then letting him know that this has put you in financial difficulty may also work, whereas at the moment he probably thinks that it was just money you had lying around and you won't miss it. Best of luck.

I agree with this. One of my kids owed me around $2k. Been paying it back at a rate of $70pw. She is only earning around $30k.

Yes, please let us know the outcome, whichever way it goes. I hope you really can retain your friendship AND the return of you money.

Yes, prove us all wrong. DO THE RIGHT THING! And do it as quick as possible. On your income level this should take only a small time frame.

Qaz, my friend, I know you acted with good faith, and maybe your friend did at the beginning, but I think you will find that the tables have turned. To the masses us Landlords are "rich", (regardless of whether we actually are) which is probably why he targeted you in the first place. He...

So, he only got $30k to use to lower the debt after the sale of the house? I may be jumping to conclusions, but I think if he is on an income of that level AND he had to sell a property, to only make a $30k dent in the debt, it sounds to me like he's not really trying.

19% is still better than 30% though. I'd see if he can do that and pay as much as possible off over the six months, then see if he could roll it over again to a different card.