How to Respond to a Request for Money

If you are in a position to loan someone money and feel comfortable doing so, that’s great.  Make sure you have a written statement that states the date the loan is to be paid back and the amount of interest, if any, that will be added to the loan.  Both parties should sign the statement and keep a copy for their records.

If you are unable  or uncomfortable loaning someone money, simple say, “I am not in a position to do so at this time.”

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