Cryptocurrency Q&A Is it OK to ask a friend to borrow money?

Is it OK to ask a friend to borrow money?

Andrea Andrea Tue Jan 21 2025 | 7 answers 1811
I'm considering asking a friend to borrow some money, but I'm not sure if it's appropriate or not. I want to know if it's generally acceptable to borrow money from friends, and if there are any things I should keep in mind before doing so. Is it OK to ask a friend to borrow money?

7 answers

CryptoChieftain CryptoChieftain Thu Jan 23 2025
Once the terms are set, it's vital to stick to the repayment plan.

Was this helpful?

369
70
amelia_doe_explorer amelia_doe_explorer Thu Jan 23 2025
Borrowing money from family and friends can be a delicate matter.

Was this helpful?

265
42
MysticRainbow MysticRainbow Thu Jan 23 2025
One key aspect to consider is the repayment schedule.

Was this helpful?

337
85
EnchantedNebula EnchantedNebula Thu Jan 23 2025
Another important factor is whether or not interest will be charged.

Was this helpful?

284
57
Caterina Caterina Wed Jan 22 2025
The borrower should prioritize making timely payments.

Was this helpful?

108
93
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts