Still, despite the risks, you may be inclined to extend a family member or friend some credit anyway. If you decide to do it, here's how: If you’re lending money to a close family member or ...

a family member or close friend may be their best (or only) option. If you are asked to lend money to someone you know, don't take the decision lightly. If you do decide to lend, plan to get the ...

See how we rate products and services to help you make smart decisions with your money ... see your family member taking vacations or making frivolous purchases, but failing to make loan payments ...

Just as there are cautionary tales about mixing business and pleasure, so goes the story for getting financially entangled with family ... you do not feel comfortable lending a loved one money ...

That includes charging your family member interest on the loan ... on this money, but according to financial planners, in many cases that's exactly what you need to do to avoid getting hit ...

Contributing funds toward a home can be a big help for your child, as long as you document the gift correctly.