Should I Lend Money To A Good Friend? – Daily Dilemma
Here is Today’s Daily Dilemma:
A very close friend of mine is having some financial trouble and has asked me to co-sign a loan or if she could borrow $5,000 from me. Her plan is to use the money to pay off some credit cards and small bills, so that she’ll have just the one debt payment a month instead of each individual account. I want to help her out, but I feel like if she already got herself into financial trouble, her track record isn’t exactly helping prove she’ll pay me back. I really don’t want to mess up the friendship, but I feel like either way I go it could be a problem.
The “Daily Dilemma” on the Sean and Richie Show is featured every weekday morning at 6:40am. We and the listeners take on someone’s problems and try to offer different perspectives. Now, these don’t have to be huge problems- it could just be something bothering you or a friend, or it could be some little thing you and another just can’t agree on. If you have a dilemma to share we’d love to hear it just e-mail us here at the show.