Paruwka replied to the topic How much interest should I charge a famly member in the forum Help Needed! 14 years, 8 months ago
Hi, not really an answer to your question however, I have personal experience of loaning a family member (my brother) money. Sadly, we have a disagreement on how much should be repaid and how it should be repaid. My advice is to really thing hard about making this loan. The bank is basically saying …we don’t think this is a viable loan…so why…[Read more]