How Can I Collect a Loan I Gave To My Brother?

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Question Hi Jon, I need some advice regarding some money I lent to my brother. The loan was for £10,000 to help him start a business he has always dreamed of having. I gave him this money 2 years ago. He started his company, and then the pandemic hit and he could not trade. I […]

How Can I Collect Money Owed to Me?

Question I hope you can help me with this. I gave or lent money to my friend about a year ago. They needed money to move and get a new place to live, and asked me to lend them £3,000, which I did. We agreed they would repay me £200 a month for 18 months, […]

Should I Financially Help Out Friends and Family?

It is a dilemma as old as time, or at least as old as lending money and having family and friends in need of a “borrow” or loan, should I lend money to family? And should I lend money to friends? The answer many times comes in the form of an idiom or saying, “the […]