The lending tag has no wiki summary.
7
votes
3answers
288 views
Is person-person lending/borrowing protected by law?
Suppose that individual A lends his money to individual B.
In order for A to be protected, what does he need to do? Is his lending protected by law?
(I would prefer to hear the general case, but if ...
13
votes
9answers
2k views
What precautions should I take when lending money to a friend?
I'm thinking of helping out a friend by lending him some money (~ $10k). I totally trust him, but I still have a feeling that I should have a contract or something similar.
Are there standard ...
2
votes
3answers
167 views
Peer-to-Peer Lending (Prosper, Lending Club)
I've been debating the idea of doing peer-to-peer lending. I saw this question and am curious:
What kind of success/failures have people seen from P2P lending?
Some sites require their users to ...
6
votes
2answers
173 views
Do US banks lend your money to foreign banks during the weekend while you cannot make withdrawals?
I was told by an economics teacher once that banks take advantage of the weekend being closed to deposit on hand cash in foreign banks, specifically Mexican and South American banks. The lending bank ...
