Never with friends at all. I insist on paying high fees and interest for personal loans. No bigger rush than applying for loans at 2am on a holiday with fast approval. No friction that way and no one gets hurt.
Once that question is mentioned a lot of times the friendship is fucked, because if you turn him down then the trust factor is broken. If the lender is not paid back the trust is broken as well, lose/lose situation.
Never with friends at all. I insist on paying high fees and interest for personal loans. No bigger rush than applying for loans at 2am on a holiday with fast approval. No friction that way and no one gets hurt.