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Unpaid IOUs losing Brits friends and family

13 million Brits have lost friends and family because of unpaid IOUs

Watch our video to find out how IOUs aren’t just causing financial problems for those who owe and those who are owed

A new study has revealed that Brits face an internal battle every time they are asked to lend their friend or family member cash and they feel uncomfortable when it comes to borrowing money themselves, with their discomfort increasing depending on the amount.

Dr. Simon Moore was commissioned by Paym to lead a team of psychologists in a study which analysed people’s emotional responses to borrowing varying amounts of money from different people in their lives. It found that Brits want to keep their relationships afloat but feel a sense of discomfort and concern when it comes to handing out cash to loved one.

To find out the results of the study and for advice on what to do if IOUs are ruining your relationships, then watch our video.

This was posted in Bdaily's Members' News section by Broadcast Exchange .