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How much interest can you charge for private loans between friends. what is federal bank rate in San Francisco |
How much interest can you charge for private loans between friends. what is federal bank rate in San Francisco If you are going to charge bank rate, why doesn't your friend just go to a bank? I thought that was the point of borrowing from friends- no interest! Set up rules before lending the money and make sure you are both aware of these rules. Give them a break! They wouldn't ask YOU if they could go to the bank. |
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