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Is Lending Money to Relatives a Good Idea?

good IDEA lending money relatives
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Is Lending Money to Relatives a Good Idea?

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There’s no doubt, lending money to relatives is a highly controversial issue. Mary Jacobson loaned her son $20,000 toward the purchase of a new RV. Three years later, the money is all paid back with interest, and Mary enjoys several excursions each summer with her son and daughter-in-law.

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