Nearly half of Britons who lend money to friends don't ask for it back

Nearly half of Britons who lend money to friends are too polite to ask for it back

• Forty-five per cent of Brits avoid the conversation if their money is not returned
• About 87 per cent of 18-24-year-olds do not ask for sums under £73 to be repaid
• And 16 per cent said they never ask for their money back – no matter how much
• Head of poll said it was a case of Brits ‘being polite to the point of awkwardness’

Nearly half of Britons are too polite to ask for their money back after lending it to a friend.

Forty-five per cent avoid the conversation at all costs if their money is not returned. 

Outstanding loans from £10 to £150 cause anxiety for most people, who say they would rather write them off.

Nearly half of Britons are too polite to ask for their money back after lending it to a friend, with forty-five per cent avoiding the conversation at all costs

Overall, 16 per cent never ask for their money back – no matter how much is lent. 

Young adults suffer most, with 87 per cent of those aged 18 to 24 unwilling to ask for amounts of less than £73 to be repaid.

Richard Lynch, of the cash management app Suits Me, which polled 1,000 British adults, said it fitted the image of Britons ‘being polite to the point of awkwardness’.

Young adults suffer most, with 87 per cent of those aged 18 to 24 unwilling to ask for amounts of less than £73 to be repaid (stock image)

Source: Read Full Article