Bankrate: Just Under Half of Those Who Lent Cash to Friends and Family Suffered Consequences
September 26, 2019
September 26, 2019
NEW YORK, Sept. 26 -- Bankrate, a provider of financial services, issued the following news release:
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- 45% of Co-Signers Face Negative Results
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46% of U.S. adults who lent money to friends and family reported either losing money (37%) or experiencing a damaged relationship (21%) with the borrower, according to a new Bankrate.com report (there was significant overlap between the categories). Similarly, 37% of those who lent a credit c . . .
* * *
- 45% of Co-Signers Face Negative Results
* * *
46% of U.S. adults who lent money to friends and family reported either losing money (37%) or experiencing a damaged relationship (21%) with the borrower, according to a new Bankrate.com report (there was significant overlap between the categories). Similarly, 37% of those who lent a credit c . . .