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Who will pay the interest on a loan for a friend?

Is it risky for my colleagues to borrow money and ask me to pay the interest?

Is it risky for my colleagues to borrow money and ask me to pay the interest? Don't repay for others. You have no such obligation, so don't bear the relevant risks. You can just give the money to a colleague and let him repay. Don't repay yourself. My friend asked me to help him get a loan, but I am responsible for paying back the interest on the loan. Does my friend need to pay back both the loan money and the interest to me?

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This answer is provided by Du Xiaoman Financial Youqianhua. I hope this answer is helpful to you. If you use the money from a bank loan! Lend it to a friend and ask him to pay back the interest! How should you pay it back? Should you pay it back to me or to the bank? How should I write an IOU?

1. Of course the bank is asking for your loan.

2. How to repay the interest depends on your friendship. It ranges from the same bank interest to an annual interest rate of 20.

3. The IOU is written normally. It is a loan-credit relationship between you and him. It has nothing to do with the bank. Agree on the repayment date, interest, and if there is a mortgage, state it.