When you need to borrow money, your first stop is likely to be the bank. But depending on your particular circumstances, they may or may not be willing to help you. If you strike out there, where do you go next?
Lots of people turn to their families when they are in need of a loan but can't get it from traditional sources. While family members are often willing to lend a helping hand, doing so can create a sticky situation. If you're unable to repay, it could destroy your relationship not only with the lender, but with other family... Articles Tagged ‘borrow from family’
Tips for Borrowing from a Family Member
When you need to borrow money, your first stop is likely to be the bank. But depending on your particular circumstances, they may or may not be willing to help you. If you strike out there, where do you go next?
Lots of people turn to their families when they are in need of a loan but can't get it from traditional sources. While family members are often willing to lend a helping hand, doing so can create a sticky situation. If you're unable to repay, it could destroy your relationship not only with the lender, but with other family...
Tuesday, April 5th, 2011
When you need to borrow money, your first stop is likely to be the bank. But depending on your particular circumstances, they may or may not be willing to help you. If you strike out there, where do you go next?
Lots of people turn to their families when they are in need of a loan but can't get it from traditional sources. While family members are often willing to lend a helping hand, doing so can create a sticky situation. If you're unable to repay, it could destroy your relationship not only with the lender, but with other family... 
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