Loaned AP $$ to open bank account

[Anonymous]

Not sure why this is even a question. Any time I've lent money I've asked "When will you be able to pay me back?" and made a note on my calendar and followed up with them on that date in writing.

[Anonymous]

Water under the bridge now, but what I always do is advance my au pairs their first week's stipend, $200, when they open a bank account. They arrive on Friday, I give them the $200 on Saturday to open the account, and then I don't pay them their stipend for the next week.

[Anonymous]

Ditto. We advance the salary to have money to put in the bank for a checking account. $100 seems high and honestly with low interest rates, there’s no need for a savings account for one year.

[Anonymous]

OP ok ok mea culpa. Especially on the savings. This is Bank of America’s new deposit policy, BTW.

But I still think she should return the cash.

[Anonymous]

Our first AP we advanced some $$ for a leisure event she had to prepay before her first stipend pay. She paid us back that Friday. Same AP needed money for a dr visit and again paid us that week. THat your AP didn't pay you back right away is a sign she thought it was a gift or isn't contentious about that kind of thing.
Make an exit checklist and add it to the list. Mention it at the rematch interview with the LCC -- they can put the fact that she didn't pay back borrowed money on her write-up, which might be enough to get her to pay you back. You may not see the money again, but you should certainly mention it and ask.

[Anonymous]

Anonymous wrote:Our first AP we advanced some $$ for a leisure event she had to prepay before her first stipend pay. She paid us back that Friday. Same AP needed money for a dr visit and again paid us that week. THat your AP didn't pay you back right away is a sign she thought it was a gift or isn't contentious about that kind of thing.
Make an exit checklist and add it to the list. Mention it at the rematch interview with the LCC -- they can put the fact that she didn't pay back borrowed money on her write-up, which might be enough to get her to pay you back. You may not see the money again, but you should certainly mention it and ask.

+1 on the exit check list idea!

[Anonymous]

OP here
She gave it back after last stipend.
Lesson learned for me.
1) don’t use BOA
2) only do checking account
3) get money back immediately or don’t lend

Thanks!

[Anonymous]

Anonymous wrote:OP here
She gave it back after last stipend.
Lesson learned for me.
1) don’t use BOA
2) only do checking account
3) get money back immediately or don’t lend

Thanks!

How did it come about? did you ask? and what did she say?

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP here
She gave it back after last stipend.
Lesson learned for me.
1) don’t use BOA
2) only do checking account
3) get money back immediately or don’t lend

Thanks!

How did it come about? did you ask? and what did she say?

I just told her I had forgotten about it up until know and she said she had too.

[Anonymous]

Anonymous wrote:This sounds odd...

You loaned your AP $200 and did not mention anything about it nor discuss a payback plan, and now that you’re in re-match you want the money back?

I do not think that my LCC would get involved or let me withhold her stipend because of this. I would look at this as a “lesson learned”, and not offer to loan money again.

Also, $200 to open an account is extremely high.

She can't withhold her stipend for any reason. You can hand her cash, have her sign for it and let her hand it back to you or a portion of it to pay you back.
Personally I think you should let this go. What if she says that she paid you back? Consider it a lesson learned.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This sounds odd...

You loaned your AP $200 and did not mention anything about it nor discuss a payback plan, and now that you’re in re-match you want the money back?

I do not think that my LCC would get involved or let me withhold her stipend because of this. I would look at this as a “lesson learned”, and not offer to loan money again.

Also, $200 to open an account is extremely high.

She can't withhold her stipend for any reason. You can hand her cash, have her sign for it and let her hand it back to you or a portion of it to pay you back.
Personally I think you should let this go. What if she says that she paid you back? Consider it a lesson learned.

This issue appear to be resolved. But seriously, why should the HF not get their $200 back?

[Anonymous]

You can absolutely withhold stipend. For example, my au pair was out of Euros in duty free so she asked me to buy her perfume. When I paid her the following week I wrote Stipend-minus perfume on the Venmo re: line.