How we support Individual

One2One Lending provides an automated Agreement Builder™ that assists in the development of a promissory note helping the customer determine the terms and conditions associated with a loan such as interest rate, security, and payment terms. One2One Lending also provides a forms Marketplace where customers can download a do-it-yourself promissory note in word document format.
Learn more about our services at One2OneLending.com.

Never lend more than you can't afford to loose

If you lend your money that you need and you are expecting repayment in a few days if anything goes wrong, you will not have the money you need for food, gas, etc. This will cause a fight between you and your friend. Lend only what you can afford to give away. Then if you don't get paid back right away, you won't be in trouble.

Decide if the person is trustworthy or not

If your borrowwer is somewhat flaky, then it’s a good idea to lend only a small amount of money or none at all. (There's nothing to say you cannot give some money to this friend, with no expectation of repayment. You can call it a loan if you like, but you can't really get mad if your friend doesn't pay you back, because you gave the money knowing that your borrower was a little flaky).
If the person is trustworthy, then you should take into consideration how much money is requested. You might be willing to lend an amount less than asked for, and if this is the case, say so. Example: "I can't lend you $100, but how about $40?"
Under all circumstances, make sure that you get you loan understanding in writing. Use a loan contract or promissory note to avoid misunderstandings.