A Friend or Family Member May Not Want to Lend Out More than They Can Afford to Lose or Want to Jeopardize Their Relationship With You
A friend or family member may value your relationship too much to jeopardize it by lending you money. They may also live by the motto “Don’t lend out more than you can afford to lose.” If they do decide to lend you money, despite their best intentions, money and financial support can often come with strings attached.
The lender and borrower relationship can change a friendship and people may begin to see each other differently. This is especially true if you find yourself struggling to make your payments. Your friend or family member might become angry or demand payment. Their situation may also change and they can’t afford to be without the money they lent you.