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Have you ever had a bad experience when lending to family or friends? Don’t worry, you’re not alone.
Today FM’s Paula MacSweeney highlights listeners bad lending experiences in her article and overall sums up ‘Don’t loan what you can’t afford to lose.’
Paula writes that most people who loan money to family and friends are too afraid to ask for it back. She goes on to point out that the average person from Ireland loses around 260 euro a year from unpaid loans between family and friends.
Check out the link to see some of the crazy experiences from listeners of the Early Breakfast show on Today FM. Some will leave you shocked!
Credit: Paula Macsweeney
Source: www.todayfm.com
Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews and appearances. More…
Credi Pty Ltd is a Financial Technology business, not a marketplace lender. Our mission is to change the way we lend money. We want to empower people to help each other and take control of their financial relationships without creating friction and stress.
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Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.
Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.