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Old 12-17-2005, 02:36 PM
AceHigh AceHigh is offline
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Join Date: Sep 2002
Location: Pennsylvania
Posts: 1,173
Default Re: under what conditions should you charge interest on money loaned..

It kinda depends on how old you are.

But if you are young and your friends are in college or just tight for money, I would just keep lending money to them and not worry about it.

If you were older and the friends have good incomes, then I don't see why you have to loan money when they can easily charge it to credit cards, etc.

It depends on the amount also of course. The bigger amounts I would be less likely to loan.
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