I once lent money to a friend who till today never mentioned it not to talk of paying back. We remain friends but I won't be having money dealings with him.
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That apart, you should always go for a loan only when it is absolutely necessary and not because someone is ready to offer you a loan.We try to always look for a loan that doesn't give us a penalty for paying off early.
I do lend from a friend or family members because their interest rate is usually low and I don't need to give them any collateral while the financial institutions will require such nd spilt the funds for you.Do you lend money from someone or from a Finance Company? I started to lend from family members and now went into finance company for having a loan. I am looking to close all those things in the coming days to spend a new life.
Personally, I can't venture into paydayloan business because I always find it hard to get such money back with series of failed repayment date. Although, the institution into such businesses will have high returns on profit.Do you lend money from someone or from a Finance Company? I started to lend from family members and now went into finance company for having a loan. I am looking to close all those things in the coming days to spend a new life.