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The best way to ask the parents for a loan of money?

how to ask parents for a loan

IntoTheFire said: 02-03-2007 08:34 AM

The best way to ask the parents for a loan of money?

I wasn't sure where to post this, so I went for general. It's quite a laid back question in comparison to some others, but I'd appreciate some suggestions

I start a new job on Monday. The last job I had I left in err. December as I was going away, and pretty much couldn't stand it any longer. When I got back home I started looking for something else and found the job I'll begin in a couple of days. The interview process was really drawn out (my 1st interview was about a month ago now) so I've been waiting for a while to start.

The thing is, obviously I've been spending money during the time I've not worked, and I'm pretty much upto my overdraft limit. To make things a bit more awkward, I have friends visiting from abroad this week, so we're out every night.

My most

logical option is to ask my parents (I still live with them, I'm 19) for a loan until I get paid. I'll probably need to buy some clothes for work, and obviously there's just general expenses too.

So how do I do this?

I have done it before but wasn't very good at paying back. Stupid, I know. I'm just one of those people who are like "Okay, I'll pay you back tomorrow. I'm off to the pub tonight though". It was just like, "they're my parents, not the bank, so what can happen?" sorta thing.

So if you were me, asking my Mum for a loan, how would you do it to ensure she says yes?

Thanking you

P.S: I don't need to borrow that much. Only like Ј100 or so.

P.P.S: Can anyone define the term "monthly arrears" for me, please? Random question, but it was mentioned in my job acceptance thing, and I don't know what it is.

Thanking you, again

Category: Credit

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