Quote:
Originally Posted by ChiGuy2.5
People are turning this into an argument on whether or not you should lend to family. I am somebody who benefited GREATLY from the generosity of my Sister and Brother in Law. I just graduated college and needed funds to float me through until my new job started. I borrowed about $1400 and paid back in full in 6 weeks and I bought them a Keurig Brewer as an interest related gift. To this day I still feel like I owe them a HUGE favor for the help they have given me.
If you feel like the relative is somebody you can trust who has a good reason to need the money, I wouldn't hesitate. There should be no blanket rule that nobody should ever "lend to family".
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I was taught at an early age to borrow and pay back. My step-mother literally made me pay her back for a stamp. It was a lesson, not her needing the 30 cents or whatever it cost then.
An Aunt later on, said I expect to be paid back on the date promised WITHOUT having to ask I'm like yes I know I was already taught, no worries lol.
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