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Friends and family loan nightmare
Comments
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Neither of you have any rights really, you have no binding legal agreement to repay the money nor do they to receive it back.
Show them your income and expenditure and show them you are paying what you can afford.
There is nothing they can do to force you to pay it back, but if you don't, be aware that your firendship will probably be over.
I expect they are having a cash crisis of their own which is why they are asking for it back in a lump sum.Non me fac calcitrare tuum culi0 -
What would you have done last year if your friend hadn't helped you out? If you had thought of any other options could you put one of them into action now?But a banker, engaged at enormous expense,Had the whole of their cash in his care.
Lewis Carroll0
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