23 Views

A Man Or A Woman?Who’s More Likely To Lend You Money? Find Out

Women are more reluctant to lend to non-family members. You may be better off asking a man rather than a woman for help if you need to borrow some cash, a study suggests.

A New Survey Carried Out by Paym Suggests who’s better at letting out a slip from their purse between a man and a woman You may be better off asking a man rather than a woman for help if you need to borrow some cash, a study suggests.

Mobile payments service Paym found evidence that men were more likely than women to feel comfortable lending money if their partner, friend or work colleague was caught short.

Nearly two-thirds (63%) of men would be happy to lend money to a close friend, compared with just over half (52%) of women, Paym found.

And one in 10 (10%) women would feel uncomfortable lending cash to their partner, compared with less than one in 20 (4%) men.

Men were also around twice as likely to feel comfortable about lending money to work colleagues, with 21% being happy to do so, compared to 11% of women.

 Man with cash in wallet
Men are more comfortable about lending to colleagues

But when it comes to helping out relatives to tide over their finances, women appear to be around as likely as men to lend money, with 70% of women feeling comfortable lending money to family members – slightly more than the 68% of men who would be comfortable doing so.

One reason why women may be more reluctant to lend money to non-family members could be that men tend to be more up-front when it comes to asking for their money back.

Overall, women were found to be twice as anxious as men when asking for money back, with 16% of women feeling anxious versus 8% of men, and nearly one in four (24%) women would feel embarrassed compared with 18% of men.

The research involved more than 600 people and psychometric testing was carried out to discover people’s psychological reactions and associations with borrowing money.

The Paym mobile payments service, which allows people to send and receive money as easily as texting, was launched in April 2014 and it is now available for those who want to use it on more than nine out of 10 current accounts.

More than three million people have registered their mobile number so far to receive payments via Paym.

Mirror News

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

Jeremiah Gyang Makes Comeback At Buckwyld ‘n’ Breathless Concert
Entertainment
30 views
Entertainment
30 views

Jeremiah Gyang Makes Comeback At Buckwyld ‘n’ Breathless Concert

PH - October 23, 2017

Nigerian singer Jeremiah Gyang reminded his fans why they fell in love with him during his mainstream comeback at the Buckwyld ‘n’ Breathless concert on Sunday night. Gyang gave…

Mr 2kay ‘Robbed At Gunpoint’ In Hotel Room
Entertainment
44 views
Entertainment
44 views

Mr 2kay ‘Robbed At Gunpoint’ In Hotel Room

PH - October 23, 2017

Singer Mr 2kay was robbed at gunpoint in his hotel room after the Buckwyld n Breathless concert on Sunday, October 22. The alleged robbery took place at…

Asa Talks Losing Virginity At 28 In Revealing Chat With Funmi Iyanda
Entertainment
27 views
Entertainment
27 views

Asa Talks Losing Virginity At 28 In Revealing Chat With Funmi Iyanda

PH - October 23, 2017

In this revealing, newly released 2015 Interview, Nigerian singer Asa sat with Funmi Iyanda to discuss her album “Bed Of Stones“. They also talked about the singer’s personal journey as a…

Popular Actress, Toyin Abraham Aimakhu’s Father Is Dead
Entertainment
47 views
Entertainment
47 views

Popular Actress, Toyin Abraham Aimakhu’s Father Is Dead

MT - October 23, 2017

Nollywood actress, Toyin Aimakhu reportedly lost her dad today. This was revealed by her sister, Fatimah Ogunsanya who wrote on Facebook; “It saddens me to the core…

PHOTOS: Dangote, Otedola, Ebuka And Wife Attend Ifeoma Williams’ Michael Jackson Themed 40th Birthday Party
Entertainment
67 views
Entertainment
67 views

PHOTOS: Dangote, Otedola, Ebuka And Wife Attend Ifeoma Williams’ Michael Jackson Themed 40th Birthday Party

MT - October 23, 2017

Former beauty Queen, Ifeoma Williams, who turned a year older recently held her 40th birthday party yesterday which billionaire businessmen Aliko Dangote, Femi Otedola and some Nigerian…

Why Crude Oil Prices May Rise Above $60 Per Barrel
Business
45 views
Business
45 views

Why Crude Oil Prices May Rise Above $60 Per Barrel

PH - October 23, 2017

Oil prices rose on Monday over supply concerns in the Middle-east as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent…

Jim Iyke Bares It All On His Relationship With Nadia – ‘I Never Dated Nadia Buhari’
Entertainment
62 views
Entertainment
62 views

Jim Iyke Bares It All On His Relationship With Nadia – ‘I Never Dated Nadia Buhari’

MT - October 23, 2017

Nollywood actor, Jim Iyke who in an interview with Punch revealed that the romance report between him and Ghanaian actress, Nadia Buhari, was never true. According to…

Tecno Unveils New Phantom Smartphone Yesterday In Dubai
Technology
40 views
Technology
40 views

Tecno Unveils New Phantom Smartphone Yesterday In Dubai

MT - October 23, 2017

Tecno Mobile, dropped the hint on social media about its next flagship device. After launching series of the low-end devices like Spark K7, WX3, and others, the…

Check Out What The FG Is Saying About Nnamdi Kanu’s Whereabout – ‘He’s In Abaribe’s Custody’
Politics
61 views
Politics
61 views

Check Out What The FG Is Saying About Nnamdi Kanu’s Whereabout – ‘He’s In Abaribe’s Custody’

MT - October 23, 2017

The Federal Government has replied to Senator Enyinnaya Abaribe’s application seeking to withdraw as one of the sureties for the leader of the proscribed Indigenous People of…

Colourful Photos From Wedding Of An ‘Oyinbo Man’ And His Beautiful Bride From Imo State (Photos)
Romance and Love
77 views
Romance and Love
77 views

Colourful Photos From Wedding Of An ‘Oyinbo Man’ And His Beautiful Bride From Imo State (Photos)

MT - October 23, 2017

The excited Oyinbo man drinking wine from a cup given by the wife A Nigerian lady identified as Jennifer Asinugo has tied the knot in style with…

This Is What Rochas Said About Nnamdi Kanu After Declaring Support For Buhari In 2019
Politics
39 views
Politics
39 views

This Is What Rochas Said About Nnamdi Kanu After Declaring Support For Buhari In 2019

MT - October 23, 2017

The Governor of Imo state, Rochas Okorocha has described the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu as a mad man, according to a report…

Why FIFA Moved To Change Nationality Rules
Sports
62 views
Sports
62 views

Why FIFA Moved To Change Nationality Rules

MT - October 23, 2017

FIFA is considering changing the rules that govern a player’s eligibility to represent a national team, BBC Sport reports. At present, players who have played a competitive…

How Buhari Doused Tension Between Nigeria And Turkey
Politics
41 views
Politics
41 views

How Buhari Doused Tension Between Nigeria And Turkey

PH - October 23, 2017

President Muhammadu Buhari employed diplomacy to douse the tension that the issue of the Fethullah Movement would have created between Nigeria and Turkey, Minister of Foreign Affairs,…

Why We Reinstated Wanted Ex-Pension Chief Maina – FG
Politics
76 views
Politics
76 views

Why We Reinstated Wanted Ex-Pension Chief Maina – FG

PH - October 23, 2017

Nigeria’s Minister of Interior, Abdulrahman Dambazau, has reacted to an exclusive PREMIUM TIMES story on how the federal government reinstated a sacked civil servant despite a pending…

Idongesit Umoh: Nigerian Enterpreneur Shares How She Lost N2.1m Through Online Banking
Business
102 views
Business
102 views

Idongesit Umoh: Nigerian Enterpreneur Shares How She Lost N2.1m Through Online Banking

PH - October 22, 2017

Nigerian entrepreneur and YALI fellow Idongesit Umoh today shared details of how her bank account got debited of N2.1m through some suspicious action on her online banking app. She…

Omawumi, Akpororo Announced As Judges Of New Reality Show
Entertainment
62 views
Entertainment
62 views

Omawumi, Akpororo Announced As Judges Of New Reality Show

PH - October 22, 2017

Last Resort entertainment working in partnership with Global Resources Limited, have announced the launch of Nigerian Icon, a first of its kind in talent scouting and entertainment…

Abia State Announces N10m Grant For Film Production In The State
Entertainment
40 views
Entertainment
40 views

Abia State Announces N10m Grant For Film Production In The State

PH - October 22, 2017

Abia State government has expressed its enthusiasm for the ZUMA Film Festival that is set to take place between the 1st to 5th of December, 2017 in…

Buhari Holds Bilateral Meetings With Guinea President, Pakistan Minister
Politics
59 views
Politics
59 views

Buhari Holds Bilateral Meetings With Guinea President, Pakistan Minister

PH - October 22, 2017

President Muhammadu Buhari held bilateral meetings with President Alpha Conde of Guinea and Prime Minister Shahid Khaqan Abbasi of Pakistan in Turkey on Saturday. See photos:

Loading...