Lending money to a friend might sound harmless, even generous. After all, $500 doesn’t feel like a fortune compared to the weight of a credit card bill or student loan. But here’s the twist—helping out a buddy could come back to haunt your financial record.
Credit scores are delicate creatures, and one wrong move can send them spiraling. So, is spotting a friend some cash just a nice gesture, or a ticking time bomb for your credit? Let’s break it down.
