It doesn't matter how much sense it makes to lend kids money. Do them a favor and DON'T do it.
For example. Grandpop loans his grandson money to buy a car. All are happy until the grandson quits making payments. Now Grandpop is disappointed and the kid's parents are upset. Nobody is talking to each other. Why do this to your family?
On paper the deal may make sense but emotionally it could cost you.
More Debt Management
For example. Grandpop loans his grandson money to buy a car. All are happy until the grandson quits making payments. Now Grandpop is disappointed and the kid's parents are upset. Nobody is talking to each other. Why do this to your family?
On paper the deal may make sense but emotionally it could cost you.
More Debt Management
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