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Borrowing someone?

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13y ago

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What term describes loaning money for a fee?

"Scam" If someone is loaning, they do not charge an upfront fee unless they are scamming you. Loans are paid back with interest, not an upfront fee.


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They owe them money and are repaying a debt or are loaning them some.


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Do you mean "loaning" or "leasing"?


When loaning someone money what do I put in writing when I expect it to be paid back?

Don't expect to get paid back, dummy!


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Borrowing someone?


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yes you can pull credit but federal law prohibits borrowing or loaning money without the trustees approval.


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Usury.