Lending to friends can become a headache
More than half of Brits (57 per cent) often lend money to friends and family.
A third (34 per cent) have either fallen out with someone over money or know someone who has.
One in five (18 per cent) would rather take out a payday loan than ask loved ones for money.
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Hide AdSixty per cent worry that lending money would damage their relationship with the person they’re lending to.
One in 10 (10 per cent) lent between £250 and £1,000 to family and friends last year.
One in three has lent money to cover a friend’s or family member’s bills or debts.