Is Lending Money to a Relative a Good Idea?

By |2017-05-24T13:42:30+00:00January 15th, 2014|Categories: Articles, Business Advice|Tags: , , |

Loaning money to a relative may not seem like a good idea. However, under the right circumstances, it can be a positive and profitable experience for you and your relative. For example, your savings may be earning very low interest in a bank CD or savings account.  Meanwhile, your niece may need to borrow money [...]