2The psychology of lending often involves the influence of social factors. People are more likely to lend money to friends and family due to social bonds and a desire to maintain relationships. Additionally, social norms and expectations can play a significant role in lending decisions. People may feel pressured to lend money in certain social situations or to conform to societal expectations. Understanding these social dynamics is important when examining the psychology of lending.

 The psychology of lending often involves the influence of social factors. People are more likely to lend money to friends and family due to social bonds and a desire to maintain relationships. Additionally, social norms and expectations can play a significant role in lending decisions. People may feel pressured to lend money in certain social situations or to conform to societal expectations. Understanding these social dynamics is important when examining the psychology of lending.

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