Brits lend £562 million a year to friends

Sarah Coles
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PA

What do you call a friend who owes you money? An ex-friend.

It's always easy to lend friends money if they're short of cash. It's not always so easy to get it back, and when it gets out of hand it can soon spoil a friendship altogether. So just how likely are you to be caught out, and what can you do about it?