New research has shown that Britain is a nation of lenders and borrowers when it comes to money, dishing out cash to friends and family as well as receiving it.
Abbey Loans has found that nine per cent of people in the UK give or take more than £50 from friends every year - an amount totalling £510 million.
The firm that the average friend-to-friend loan is around £116, despite the fact that 28 per cent on Britons have become embroiled in a dispute over money with pals.
Abbey Loans head Paul Moorish has recommended that those going short make a friend in the banks.
"Those that need money for items such as cars, holidays, home improvements or even cosmetic surgery would be better off asking a bank to provide the funds, rather than risking a relationship meltdown," he said.
Further research from Abbey Loans has revealed that those who are heading to money institutions for their first mortgage are paying 67 per cent more than they were in 2003.
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