Write a letter to your parents asking them to lend some money to buy a car.reason with them why they should let you buy the car.
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Ask for a loan from friends or family only after exhausting all other options. ...
Pay interest. ...
Don't negotiate. ...
Set up your loan documentation. ...
Don't bother with peer-to-peer lender set-ups. ...
Pay the loan off early. ...
Return the favor or pay it forward. ...
Don't let your relationship be reduced to a financial transaction.
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