Poll: Have you lent more than $1000 to a family member or friend?
It’s Money Week and the Commission for Financial Capability has done new research into our attitude towards debt.
While eight out of 10 people would lend to someone they know, many said they wouldn’t hand over the money easily. Respondents said they’d insist on conditions, keep the sum low and lend for emergencies not luxuries or lifestyle.
Retirement Commissioner Diane Maxwell spoke to Duncan Garner.
Watch the video.