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A tale of two loans and two friendships: Guiliano Stiglitz, an executive who lives in Miami and London, says he has never had any resentment over money he loaned to a friend, even as much as $200 ...
We've all been there. A good friend ends up in a financial pickle and our first instinct is to come to the rescue. Great idea, right? Well, maybe. Check Out: 11 Grocery Items To Buy at Dollar Tree...
According to Kevin Shahnazari, founder and CEO of FinlyWealth, one key sign that lending money to friends or family may be a mistake is a lack of transparency regarding their financial situation.
With millions of people out of work and struggling financially, don't be surprised if friends or family hit you up for a loan. Here are the pitfalls to avoid.
The basic premise of the model is a group of close friends and family members coming together once a month and contributing a fixed amount of the money into a money pool. Every time, one member of the group will be chosen to withdraw the entire lump sum from the pool, often for purpose of down payments towards houses or cars or to start a new ...
A Money magazine reader asks ethicists Jeanne Fleming and Leonard Schwarz "Is there anything wrong with asking a good friend to secure the loan I'm giving him with the title to his car? Tom really ...
Knowing how to borrow money from a friend or family member could be a much better way of getting financing than institutional loans, and you probably don’t need a credit check.
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