DAVE & DUJANOVIC

Lending money, how to navigate a tough conversation

Oct 18, 2022, 11:15 AM | Updated: 12:50 pm
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3 out of 5 money lenders face negative consequences. (Stock image, Canva)
(Stock image, Canva)
SALT LAKE CITY — A new study by Bankrate found that nearly three in five people who have lent money suffered negative consequences as a result.
 
The study surveyed Americans who had lent money to a friend or family member. More often than not, the loan resulted in lost money, a damaged credit score or harmed relationship.
 
Dave and Dujanovic break down the results and discuss their personal experiences of money lending.  Ted Rossman, an analyst with Bankrate showcases this research and shares tips on how to say no when someone asks you for money. Listen live at 11:20 a.m. 

 

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Lending money, how to navigate a tough conversation