How Do You Borrow Money From A Friend Or Family Member Without Regret?
Sometimes getting a decent loan with lending companies isn’t a reality. Maybe you can’t afford the closing costs right now. Or maybe your credit is so bad that legit lending companies don’t want to touch your debt with a ten-foot pole. Whatever the reason, you may need to look to a friend or family member for a money loan to pay off debt. One thing you don’t want to do is cause regret between you and your loved one, especially over cash. But sometimes all it takes is one bad loan to sever a relationship. Here are some tips on how to borrow money from a friend or family member without regret. Before asking your friend or family member for a cash loan, decide whether or not you can repay this loan. Just because you aren’t getting a loan from one of the lending companies doesn’t mean you can borrow money haphazardly. Make certain that you can repay this debt. If you think you can go back on this loan because it’s from a loved one, you will soon regret it when there’s bad blood between the
