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It depends on the friendship. I don't loan money because there is an expectation on my part that I will be paid back..and, in a timely manner.
If someone is in dire need and they are a good friend of mine, they may call it a loan and I leave them with that illusion, but I have no expectation of ever getting it back, so, to me, it's a gift that leaves them with their self respect.
I've loaned money before as a true loan. It has always proven to be disastrous.
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Raven
~RETIRED~
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