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What starts as a lifeline can turn into a minefield if the borrower ghosts the lender. Following these three steps can help ...
People who pressure you to loan them money often cross this line, creating unhealthy dynamics and long-term consequences. If you’ve ever felt cornered into giving out a loan, you know how ...
For example, maybe you're lending money to people when you're already in financial distress, but are driving to loan them money because you care about them, feel responsible for them or feel guilt.
But lending money to someone you know personally can ... No one wants to talk about it, but it’s always there. Most people don’t mean to ghost you. But paybacks stretch into weeks, then ...
Let people know that as a rule, you do not lend money to friends or family because it can complicate relationships. By making it a blanket policy, it removes any personal element from the decision.
Jonathan, lending money to friends and family can be sticky and it can be awkward. What are some struggles people face when lending money? Jonathan Shenkman: Well, the biggest thing, and what ...
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