If you want to borrow cash quickly and easily, some people first come up with the idea of borrowing money from private individuals. However, the relationship with the private investor seems to have a significant impact on the realization of such a loan. When it comes to larger loan amounts, typically a loan is taken out privately, ie a loan financed by private investors. This is also possible, for example, through the credit comparison of The Duchess. As a rule, the borrower and the lender do not know each other and do not come in contact with each other personally.
But if you now want to borrow money from private individuals from your own circle of acquaintances, that makes the matter a bit more difficult. Among other things, this may be because the topic of lending money is still a taboo subject for many people. You do not want to reveal your own need, especially not to people you know well. On the other hand, it has advantages to borrow money from private individuals from the circle of acquaintances. Such private loans among friends or family are usually granted instantly and you do not have to go through a credit check as the business is based on mutual trust and personal commitment.
From whom would you not borrow money?
With a survey among our clients, we wanted to find out who the majority would rather not lend money to. It turned out that especially former relationship partners are very unpopular financiers. Thus, with 71 percent of ex-partners ranked 1st But also the dear neighbors are among the persons from whom the respondents definitely do not want to lend money. Also reluctant is the own boss (60 percent) asked for money and the work colleagues (52 percent) are better kept out of private money worries. On the other hand, it is easier for the respondents to ask the in-laws, siblings or even the partner for money.
1st ex-partner 71%
2nd neighbors 60%
3rd boss 60%
4. Work colleagues 52%
5. In-laws 48%
6. distant relatives 48%
7. siblings 21%
8. friends 19%
9. Parents 17%
10. Partner 12%
Borrowing money from individuals seems to be a sensitive issue and is discussed
If at all, only with people who are very close to the borrower. The greater the personal distance to the lender, the more pronounced is the need to keep his private money worries to himself. By the way, if you want to apply for a loan without Schufa, you should definitely check whether this is a reputable provider. As a rule, every credit institution requires information from the Schufa.