Posted inJapanese Laws
Legal Considerations and Solutions for Money Lending Among Underage Friends
Question from a Reader:
I’m having trouble with borrowing and lending money. My friend A (17 years old) lent 300,000 yen to friend B (17 years old) and is asking to have it back by November, but it seems like they won’t pay it back. According to friend A, they have been charging interest and have done this a few times,