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How to Get a Loan from friends and family

How to Get a Loan from friends and family

Getting a loan from a friend or relative can have certain advanĀ­tages. There is less formality and red tape in the arrangement, and often you can get much more favourable payment terms. However, it can also be a double-edged sword. If the person who has lent you the money can’t afford to lose it, or [...]