I would never ask friends for money nor would I lend them any it's a bad idea. If family needed money it would be different, I wouldn't lend anymore then I wouldn't mind losing other then to maybe my parents but they would never ask me for money.
It's been said but the banks should be the first stop for a person who needs money, if they can't get money from the bank there is a reason for that. They either have bad credit, no credit or are leveraged to the hilt and in any of these situations you probably shouldn't be lending them money anyway.
The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I donīt care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. Thatīs how winning is done. Now, if you know what you worth, go out and get what you worth. - Rocky Balboa