Asking loan!

[bika]

I am a student which I have mentioned here many times. I am going to ak loan with my friend. When I will finish my study and will start working then I will pay him back. Is it good idea? Should I ask loan or not?

[skatss]

I feel that asking for a loan from a friend is the best way to end a friendship. The same goes for asking to loan money from a relative but sometimes it needs to be done.

If you do ask for a loan make sure you get everything written up: the amount of the loan, when you are expected to pay it back, if you can pay it back monthly and if so how much a month.

When you do start paying it off make sure to pay with a money order or a check for proof that you are giving the money back. If you insist on paying by cash make sure to get a receipt. Never give money without some kind of receipt.

Good luck.

[puchchu]

It can be good idea if there is job garentee after finish your college or university. Otherwise dont take any tension of paying back!

[bika]

There is garentee thats why I am thinking about it.

[Asad!]

See... Asking for money is not a good act. Just stay far away of loans. We feel really balanced when you ask for loan and when you get it. But, paying back the money is really a great trouble and sometimes, when your luck goes bad, you will have to face weird nightmares!