DAVE & DUJANOVIC
Lending money, how to navigate a tough conversation
Oct 18, 2022, 11:15 AM
| Updated: Feb 23, 2023, 1:17 pm
FILE: 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.
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