Why does lending money to friends and family put you in real trouble?

  • Brian Lufkin
  • BBC

photo released, Getty Images

When some friends or family members come to borrow money, strange things can happen quickly. Why?

Most of us have had the experience of lending money to a loved one, whether it be writing out a check for a family member who is in arrears on their rent or giving a friend money, even though it can be incredibly inconvenient.

This is especially the case if this same person has enticed you to pay your landlord for months on end, or does not seem at all interested in returning the money he borrowed from you after you helped him out of his predicament.

However, many people turn to friends and family to borrow extra money, especially during difficult times.

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