f'd up situation...

the other day a guy i work with asked me to borrow a couple bucks (1500 to be exact). i didn't have it and he asked me if i knew anyone that could help him out. the reason for it was to take out some kind of secured loan. now i have never dealt with this so i know nothing about it. he got out of the marine corps about 1-2 yrs ago and moved back to texas with his wife and 2 kids. and hasn't had a very good job until he started working where i work. he needs the loan so he can move his family out of his dads house and buy a car. the lender told him that he had to have 6% of the loan to get the loan. made sense to me in a way. well, i took him over to a good friend of mine and told them both that i don't want to be a middle man. you guys talk and figure it out. and i walked away. well my boy didn't have the cash on him but has plenty in the bank and he knew someone at work that had the cash on them at that moment. so he went and borrowed the money from that individual and gave it to the guy that needed it. now that 1500 was supossed to be returned that same day. well, it wasn't. so he told him that he would get it for him the next day which was yesterday. again, nothing. so today rolls around and the guy that needed the money for the loan found out it was a scam and is now out 5 grand. and now he is trying to get my boys 1500 back to him. the guy that my boy got the money from needed the money for this weekend to go buy a bike. so my boy is paying him back and he will be out the 1500. now i feel obligated to get the money together and pay back my boy and the guy that originally needed the cash will just be owing me. should i do this or am even a part of it now? i feel it is my fault for taking him to my boy in the first place but at the same time i didn't have the money but i knew who might. and my boy didn't have the money but he knew who might and they did. so he did the exact same thing i did. should i come up with the cash and pay back my boy or let them deal with it? this shit sucks! never again!!! and the worse part about it is what i have to do to get the cash. my boy can wait a few days because between him and his wife they make twice as much as i do so i know he can wait. i just don't know what to do. my head says let them deal with it but my heart says it is kind of my fault and i should pay my boy back. fuck this sucks!

Dude the guy that needed the loan should have known it is a scam think about this for a minute you are asking for a loan because you have no money but the lender tells you ya I will give you the loan but you have to pay some money up to get it think about that for one minute and for your involvement you are not in anyway part of paying back any money I know you feel bad but this guy should have done alot more investigating before getting involved.

dude that sounds like a harsh situation....personally....I would go talk with my boy if I were you....see how he feels. if he is 100% that you were out of it and is cool with that then he will be fine and willing to deal with the guy you work with himself....but i am sure there is more to it....gonn take some thinkin

I was talking about the guy that was getting the loan sorry if I did not make my self clear.

i totally agree that he should have done some more research before commiting to drop that kind of cash. i didn't even know until today that he dropped that kind of cash on it. it made sense in a way but i didn't do any research on it either so i don't know what he was doing. i just know it sucks. i keep talking to my boy and he gets aggrivated as hell just thinking about it. i don't think he blames me but he is pissed, as am i.

maz, it aint your fault. you were just tryin to help a fellow jarhead, but he didnt know exactly what he was gettin into. its up to the other guy to get it all evened out!

situation sux man sorry to hear it

thats a crappy deal but its not your fault. you gave him an option and you were out of it. in my experience if i haven't known you for a billion years and your not blood you aint gettin shit!

Maztang I can see why you feel your involved in this deal, but in my opinion your buddy and the guy that needed the cash should work it out. Thats why I dont lend out big sums of money, and the reason I have a baby blue mazda. I say dont take sides just help them work something out.