[augusta]

The truth is that sometimes it becomes inevitable that we must get loans for our projects especially money demanding ones. You would save money when you do the sourcing via family and friends. You would given without need for high interest unlike sourcing frimm banks and other financial institutions


With this , you would finish your project on time and pay back the loan on your own pace. What do you think?

[nela13]

My parents lend me some money when I was building my house, this way the mortgage in the bank was lower. I paid my parents without interest as they didn't want it. It helped to save a lot of money and I could pay my mortgage quickly.

[augusta]

Yeah that's the whole idea it is to save money you would have paid to banks or financial institutions as high interest.

[Treborika]

Yes I agree with you on this. Money outsourced from friend and the members of the family are interest free and that more ideally for the business funding.

[augusta]

Sure that's the whole essence, just try to source from them and manage what you have at that time

[Vehlijanta]

I would go for bank loan because I don't like to let myself down in front of my relatives

[augusta]

I would go for bank loan because I don't like to let myself down in front of my relatives

Well, this is a different case but if you want to save your self from that bank loan getting from family members is the best