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Personal loan
Which is more advisable lending money from bank or friend?
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[QUOTE="TOZZIBLINKZ, post: 244290, member: 37528"] Personally I do not concur or recommend any individual to borrow money possibly from the bank or from private individuals who possibly her colleagues and friends to him or her just to establish a business on implement a particular business idea this is because in most prominent cases business ideas may not go as planned and if the capital you use in establishing such business idea is being borrowed as a local possibly from the bank or from private individuals it's always lead to problem and uncalled frustration and trauma . If an individual may run out of choice but to borrow money in order to establish his or her business I will personally prefer that he borrows money from a friend or a close colleague of his or hers . This is because borrowing money from the bank and having the inability and the capability of not being able to pay back in due time , totally makes you become an enemy of the State and you could even go to jail or prison as a result of this . But if it was a friend you could settle the matter amicably possibly the friend could add more time so that you can accumulate a money to repay back . [/QUOTE]
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Which is more advisable lending money from bank or friend?
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