I've never been asked to loan money to a friend, and I can't think of any that would even think of asking.
I've loaned money twice to my brother when he was in dire circumstances with job losses and complications. He never asked for a loan, but was very grateful, and paid back in full once he was on his feet. I also once loaned one of my sisters a small sum, unsolicited, when she was really down and needed a hand-up. Never got a penny in return but could afford the loss - can't see us ever lending her money again, and to be fair, she never did ask for help in the first place.
My other sister twice asked for a loan for a specific goal and we loaned her the money each time which she repaid in full.
We loaned our son some money to get him through college and into his first job. He paid it off as fast he could, well ahead of the schedule I'd set.
We've gifted money to our parents several times for specific items that made their lives much better.
All the family know that we are now on a fixed income and need our savings for the long term, so I doubt we'll be making any loans in the future, unsolicited or otherwise.
Even with the loan that was not paid back, we would gladly do it all again.
I've loaned money twice to my brother when he was in dire circumstances with job losses and complications. He never asked for a loan, but was very grateful, and paid back in full once he was on his feet. I also once loaned one of my sisters a small sum, unsolicited, when she was really down and needed a hand-up. Never got a penny in return but could afford the loss - can't see us ever lending her money again, and to be fair, she never did ask for help in the first place.
My other sister twice asked for a loan for a specific goal and we loaned her the money each time which she repaid in full.
We loaned our son some money to get him through college and into his first job. He paid it off as fast he could, well ahead of the schedule I'd set.
We've gifted money to our parents several times for specific items that made their lives much better.
All the family know that we are now on a fixed income and need our savings for the long term, so I doubt we'll be making any loans in the future, unsolicited or otherwise.
Even with the loan that was not paid back, we would gladly do it all again.