Your relationship or friendship are affected
You may require the cash right after you provide it
That you do not re re solve the individuals issue
Borrowing cash is a quick-fix solution, but it is not likely to fix the problem that is underlying. There will often be genuine grounds for a loan – crisis home repairs, school-related expenses or an overdue power bill etc. Nevertheless, you will find not-so-helpful reasons – addicting gambling and retail investing could cause a debtor to be short of money. Should this be the situation (altherefore it many times is), lending cash isn’t planning to replace the pattern of behaviour. Rather, it allows exactly the same behaviour that is financially-destructive carry on. You are paid back, nevertheless the cash probably came from another person, along with very nearly certainty, you will be expected for the next loan afterwards.