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The most prevalent answer by financial advisers is that a person should never loan money to a relative or a friend. I have made loans to both family members and close friends, however I did it with no expectations of having it repaid. It really is a personal decision, with several things to consider, such as the needs or the person asking for the loan, their ability to pay it back, should you get the terms of repayment in writing, and so forth. Also you might want to consider if you can afford to make the loan and the possibility you might "lose" your money? And then there is the not so small issue of what could happen to the relationship if the person does not repay you?
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∙ 18y ago
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Should members within a family lend each other money?
Only if you're prepared to forgive the debt with no ill will to maintain the relationship if the borrower refuses to or is unable to pay it back. In otherwords, can you afford to lose the money you are lending? Suing a family member for the debt would only cause strife in the family.
How old do you have to be to lend money?
Lend? Any age to lend, however parents should be advised of their children's loans they may be giving out!
Why should you not lend or borrow money from others?
First all of we live on an earth were people lie, cheat, and scam other people. So never trust giving out loans. I mean banks did it and look were it gets them sometimes. I understand if it is a family member, but still sometimes family will even screw you over.
Do you have to be a member to lend on Runescape?
I don't think so, I haven't yet tried it on non-members world, but you should be able to lend, I don't see why not.
Can you lend me money?
no
What does mean lend your money and lose your friend?
You should not lend money to your friends; if you do, either you will have to bother your friend to repay the loan, which will make your friend resent you, or your friend will not repay the loan, which will make you resent your friend.
Do you have to be a member to lent items on Runescape?
No. You can lend items without being a member.
Who lend money?
Money lenders and banks.
Who will lend you money to get your truck back from titlemax?
If your credit is good, a bank will lend you money. If your credit is bad, then only a very close personal friend, who is willing to take a risk, will lend you money.
Can someone lend me a member account on pixie hollow?
No.
Why common financial services is an example of cooperation among member countries of the oecs?
1.because they can lend money to each other member state 2.they can help with the development of each other's country.
Did America lend money to Hitler?
No.
