Cryptocurrency Q&A Why not to lend friends money?

Why not to lend friends money?

JejuJoyfulHeart JejuJoyfulHeart Mon Jan 20 2025 | 7 answers 1586
I'm considering whether or not to lend money to a friend. I've heard mixed opinions on this and I'm trying to understand the reasons why it might not be a good idea to lend money to friends. What are the potential issues or consequences I should be aware of? Why not to lend friends money?

7 answers

Caterina Caterina Wed Jan 22 2025
Lending money to friends can be a risky proposition.

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CryptoMystic CryptoMystic Wed Jan 22 2025
It's important to consider the potential consequences of lending funds.

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Daniele Daniele Tue Jan 21 2025
Repeatedly asking for repayment can damage friendships.

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Michele Michele Tue Jan 21 2025
A loan could jeopardize years of friendship if things don't go as planned.

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SeoulSerenitySeeker SeoulSerenitySeeker Tue Jan 21 2025
The awkwardness that loan discussions bring can strain relationships.

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