Lending money to friends or family seems like an obvious and easy way to prove you are there for your loved ones. You can show that you understand that life today is expensive as the cost of living continues to increase, and let’s face it, emergencies always spring up.
You are an easy call away and want to help. There's no paperwork or credit checks, and the interest rate is usually zero. Seems pretty simple, right? Nope. It’s not so simple.
