I previously lived in NSW with my friend, who urgently needed $1400 to help pay towards a car. I had the money so lent it to him, on the agreement that he had money in a 'saved bank account' that takes 3-4 days to take money from(?).
I went to the bank with him to get the withdrawal organised, and to transfer the money to his account. This payment however took 3 weeks, and by this time, I had left Australia to return to the UK. It was then arranged he would pay me to my UK account, to the amount of £710. However the exchange rate went up (Brexit) and I admitted the increase of $300 was ridiculous and I could wait 3 months to see if the exchange rate returned to a good price.
I have multiple messages with him declaring it is a loan and he would pay it back. However 18 months later, and I still haven't received the money. Admittedly I have been quiet, but consistent asking every month for the money, sometimes with no reply, but lots of excuses (more car expenses, life expenses and hence he had to spend my money).
Now on low wages being behind the bar, I can understand why he doesn't have it spare, but I have offered the option to pay me back the debt over a number of months, and he continually says 'next week/next month'.
As I'm in the UK - is there anything I can do to get this money back?! If so, what would be an estimated cost?
Thanks.
I went to the bank with him to get the withdrawal organised, and to transfer the money to his account. This payment however took 3 weeks, and by this time, I had left Australia to return to the UK. It was then arranged he would pay me to my UK account, to the amount of £710. However the exchange rate went up (Brexit) and I admitted the increase of $300 was ridiculous and I could wait 3 months to see if the exchange rate returned to a good price.
I have multiple messages with him declaring it is a loan and he would pay it back. However 18 months later, and I still haven't received the money. Admittedly I have been quiet, but consistent asking every month for the money, sometimes with no reply, but lots of excuses (more car expenses, life expenses and hence he had to spend my money).
Now on low wages being behind the bar, I can understand why he doesn't have it spare, but I have offered the option to pay me back the debt over a number of months, and he continually says 'next week/next month'.
As I'm in the UK - is there anything I can do to get this money back?! If so, what would be an estimated cost?
Thanks.