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You just did a great job not lending your cousin.If you feel that he/she will not pay you in the future then what's the reason why you lend money to him/her. Trust hasn't been there. It's like those banks where if you have a low credit score, they see you as untrustworthy therefore, they will not let you borrow.
Lucky for me, I didn't encounter that kind of scenario as well. Maybe because I'm good at keeping my assets, and I'm not sharing anything that's related to my money to anybody here (even to my own family
). Don't get affected if he doesn't talk to you anymore because after all, you see him as an untrustworthy person. If you are affected that much because of your decision, you can try and approach him and lend him a few dollars to at least build the trust. Like you said, it’s just like the banks. They would refuse anyone with a low credit score cause the person is not trusted enough to repay such loans.
I think you’re one of the lucky ones cause you haven’t had a relationship ruined cause of repayment of a loan. Money has divided a lot of people. I know.
I also think it’s great that you keep your finances personal and don’t go about sharing how much you’ve got in the bank to family and friends. Your finances are private matters and should be kept private. The only other person who could have access to your finances would be your spouse.
If friends and in some cases family know exactly how buoyant you are, they will come armed with the knowledge and feeling somewhat entitled asking for a loan that would probably be never paid back.