Ohio nurse ‘stupidly’ borrowed $60K to help boyfriend, and then they broke up. But Ramsey Show hosts still praised her

Core Insights - A recent survey by LendingTree indicates that 77% of respondents have lent money to friends, with nearly one-third not receiving repayment, and 19% reporting negative impacts on their friendships [1][2] Group 1: Lending Dynamics - Informal loans between friends and family often lack legal protections, making it difficult to enforce repayment or define terms [2][7] - Legal debts can be pursued through legal action, but informal loans without written agreements expose lenders to significant financial risk [2][6] Group 2: Personal Case Study - Joslyn, a nurse, took out nearly $60,000 in loans for her ex-boyfriend, who has since stopped repaying, raising questions about her legal recourse [4][9] - The absence of a formal contract complicates Joslyn's ability to recover the funds, although she has text messages that may serve as evidence [9][10] Group 3: Financial Advice - Experts advise against lending money that one cannot afford to lose and recommend setting boundaries when approached for loans [11][12] - The concept of "stupid tax" is highlighted, referring to the financial consequences of poor decisions, emphasizing the importance of learning from such experiences [5][8]