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I felt uncomfortable being around the person who loaned me money.
It was also uncomfortable to be around other family members who knew about the loans.
It’s Difficult to Ask for the Money Back It can be difficult to request repayment of a loan from a friend or family member.
More than likely, the lender cares about the borrower, and doesn’t want the borrower to feel awkward.
Set a deadline for repayment to avoid any misunderstandings.3.
It Can Make Family Gatherings Awkward I have loaned money to a family member, and I have also borrowed money from a family member.
In both scenarios, family get-togethers were very awkward.
The Borrower May Ask for More Once you have lent money to a friend or family member, this person may return when he or she needs more money.
In addition, other friends and family members may also ask you for a loan.: Don’t become the go-to lender in your circle of family and friends.