Don’t borrow from friends or family. The borrower is slave to the lender.
Here's a story. Mom and Dad offer a loan for a down payment on a home. They offer a fair interest rate and better terms than the couple could get at the bank.
At Thanksgiving the couple mentioned they were going on a cruise. Dad got quiet, Mom shot a sideways glance. The couple paid off the loan the next week.
More Debt Management
Here's a story. Mom and Dad offer a loan for a down payment on a home. They offer a fair interest rate and better terms than the couple could get at the bank.
At Thanksgiving the couple mentioned they were going on a cruise. Dad got quiet, Mom shot a sideways glance. The couple paid off the loan the next week.
More Debt Management
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