Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
A Loan From Friends Or Bank Which One Suits You?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Rachael, post: 226432, member: 68963"] Taking a loan from friends might be best suitable most especially for someone who is using it to sort out some bills like; paying for hospital bills or paying school fees or any other related school activities. Most loans gotten from friends comes without interest rates but this always turn out to inflict the innocent money lender. It is so disheartening that borrowers tend to leverage on the good nature of those friends who loan them money without requesting any interest rate. I have been in so many situations where I loaned money to friends yet, they refuse to pay, some would have to wait before I remind or pester them and some would bluntly make it look as though it is my responsibility to carter for their needs. In summary, they would feel that I do not have a right to ask for a refund because we are friends but I see such mentality as being shallow. Presently, I only give out what I can afford to loose. I have stopped the habit of lending money because at all times, the repercussions is not always healthy. Bank loans comes with interest and with a very limited time to repay which might not be fair to the receiving end. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
A Loan From Friends Or Bank Which One Suits You?
Top