Lent money to boyfriend
Hello! Apologies if this is not the right category but Im just a newby here! My case is as follows:
I would like to lent money to my boyfriend to pay off his credit card bills (about £7.000 hard earned savings) as the 23% interest is killing our monthly budget. However I want to be sure that I will be able to prove that I was the lender at in circumstance. Any advice would be much appreciated!
You could draft up a simple loan agreement and get your boyfriend to sign it, this way if anything goes wrong you'll have proof that he agreed to it as a loan.
As above and be sure to include a schedule of repayments - amounts, dates, interest etc and have it witnessed by someone you know well enough should you need to call on them in the future.
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