Why you should always say ‘no’ to friends asking for loans

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It is hard to get a friend to repay a loan when he or she simply refuses to return your money.

It is hard to get a friend to repay a loan when he or she simply refuses to return your money.

PHOTO: BT FILE

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SINGAPORE – You should always be on guard when a friend asks for a loan, unless you are prepared to lose both the friend and your money.

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