Lending family money
Would you lend someone upwards of $10,000.00 if they were terminally ill. Family or friend. They promised to pay you back but you realize that is likely not going to happen due to their health.
If I couldnt afford to just give them the money, then No.
Lending or loaning money to family or friends is the best way to lose the friendship or permanently alienate the family member
Lending or loaning money to family or friends is the best way to lose the friendship or permanently alienate the family member
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- Duchess
- Posts: 1513
- Joined: Thu May 24, 2018 11:22 pm
I don’t have an extra 10K lying around to just give away, so No.
No. I would never want them to have that added stress of owing me. I would give it to them.
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- Regent
- Posts: 2793
- Joined: Wed May 23, 2018 12:02 pm
no. I don't do any sort of business with family. It never works out well in my family.
My mother just loaned us $36,000 for a house and put the house under her name until she's paid back, now I hate her. She is evil lying snake and is now trying to keep the house for herself after we put $6000 into it.
Just say no.
Just say no.
It depends on your relationship with your family. My in laws loaned us $10k when we got married and the only problem we had was that they kept taking ridiculous amounts off what we owed them for every holiday. LolGuest wrote: ↑Mon Oct 01, 2018 10:57 pm My mother just loaned us $36,000 for a house and put the house under her name until she's paid back, now I hate her. She is evil lying snake and is now trying to keep the house for herself after we put $6000 into it.
Just say no.
- AsteroidStar
- Marchioness
- Posts: 873
- Joined: Wed May 23, 2018 7:34 pm
I would not lend that amount of money. If anything, it would be a gift. If someone is in need of that kind of money, their situation isn't likely to turn around soon enough to pay it back quickly. That just adds stress and strain to the relationship. I vowed a long time ago to never let money ruin my relationships with people.
You might be a king or a lowly street sweeper, but sooner or later you'll dance with the reaper.