bdancer222
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I wouldn't loan a friend money. Very bad for the friendship. If a friend needed a $100, I'd give it to them. |
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bonstermonster20
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I would not charge interest... If they are a true friend I would ask them to give it back as soon as they could. |
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Gary
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20% to be paid in full in six months. You would get $10 interest. (Principal x Rate x Time) 100 x .20 x 6/12 = $10 |
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Baz
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They can't be a very good friend if you want to change him/her interest, what would you think if you wanted $100 from your friend and he/her ask you to pay interest. anyhow about 10% would be about right. |
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Bella
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First, never loan a friend money! Totally not a good idea. But, if you do then skip the interest rate, there a friend, right? |
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henry
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what kind of friend are you how could you ask any interst on your friend |
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michaelsgdec
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Depends on how trustworthy your friend is, and how long until the loan will be repaid. Can range from 0% to 45%. |
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willliam d
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the best way to loose a friend is to lend them money, don't do it, or if you think of it as a gift, if it is paid back good, but if it's not so be it, no interest |
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dolphindaddy
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I would not charge a friend any interest at all - they are a friend - however - I would ensure that the conditions of repayment is very clear eg repayment installments and time frame |
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sweetbeesma
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I would not loan a friend money if I could help it. If I did I wouldn't charge interest. |
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KT
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I wouldn't charge an interest rate... seeing how they are a friend. |
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YAMA
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21% |
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No1
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no intrest ..there your friend??? |
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essence_05
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1.05% p.a. compounded quarterly because I'm a nice friend. I'd use a maths formula for compound interest only i've forgotten... |
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Iloveshane
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depends on how good of a friend they were. if they give it back to me when they say they will no interest. but if they dont i would tell them what the few would be per week that its late. make sure you tell them up front and get it in writing too. |
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