Britons' generosity towards friends and family is leaving millions out of pocket, a study has found.
Research by AA Personal Loans showed that people are willing to lend an average of £607.22, but only half of them are ever repaid.
And although more than 20 million people have provided friends and family with unsecured loans, 11 per cent feel uncomfortable asking for it back.
The research revealed that the most common reasons for such loans are paying bills and putting down a deposit on a house or car.
Head of the organisation Mark Muggins advised consumers that unsecured loans with low rates are still available and these may help prevent relationships being "soured".
"Our research indicates that unless you can afford not to expect the money back immediately, don't feel pressured into shelling out your hard earned cash," he warned.
Last week a study by unbiased.co.uk found that £5.9 billion was taken out in unsecured loans over the last year.
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