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Is any money I remit to another Bloom member considered a loan?
Is any money I remit to another Bloom member considered a loan?
Updated over a year ago

No, any money you transfer to another Bloom member within the context of a circle is not considered a loan. It is a contribution to a collective pool of funds under a shared financial arrangement. The purpose of these transfers is to manage payments within the group, not to create a debtor-creditor relationship as seen in loans.

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