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Channel: December 21, 2019 | New York Post
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Lenders beware of family and friends — most loans end badly

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Be cautious when your pal Charlie urgently requests you co-sign his loan, or your 25-year-old daughter needs a $5,000 emergency loan. Most loans to family or friends tend to end badly, according to a survey of 2,500 adults. “Sixty percent of Americans have helped out a friend or family member by lending cash with the...

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