[The Guardian] People in the UK: tell us if you’ve borrowed money from friends or family

People in the UK: tell us if you’ve borrowed money from friends or family

We’d like to hear from people in Britain who have turned to family or friends to borrow money instead of to banks, and how this has affected them

Britons often turn to family and friends to borrow money now, a new survey has suggested.

The survey of more than 4,000 adults commissioned by non-profit Fair4All Finance found that while 25% of respondents had taken out a Buy Now Pay Later loan, 26% had borrowed from family and 15% from friends this year.

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Source: People in the UK: tell us if you’ve borrowed money from friends or family

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