https://www.entrepreneurshipsecret.com/will-it-be-legal-to-borrow-money-from-friends-and-pay-them-back-an-interest/ Learn What You Need To Start And Run A Successful Business Enterprise!! Mon, 16 Dec 2019 19:00:02 +0000 hourly 1 https://wordpress.org/?v=6.2.6 https://www.entrepreneurshipsecret.com/will-it-be-legal-to-borrow-money-from-friends-and-pay-them-back-an-interest/#comment-188342 Mon, 16 Dec 2019 19:00:02 +0000 http://www.entrepreneurshipsecret.com/?p=15277#comment-188342 Thanks for the informative article. I’m not a fan of borrowing money from friends or relatives, regardless of what the law says. I believe that this is not right, even though it is more profitable than taking a loan from a bank. Yes, sure in this case there is no interest rate. But in my understanding, there are special instances where this is done legally. Friends and relatives are not for borrowing money. They are for another purposes;) This is my personal subjective opinion.

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