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So its only fair to pay them back at least as much interest as they would have earned by leaving that money in the bank. Put It in Writing. Have a written agreement that outlines your timeline for paying off the loan and the interest you will pay. This makes the terms of your agreement clear and prevents misunderstandings that could hurt your relationship. Say Thank Kvb personal loan apply.
Most of all, remember to thank the lender. A loan is a favor, so show your appreciation just as you would for anything else. Go to Your Bank.
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