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Lending to friends and family can be risky
Rediff.com

Lending to friends and family can be risky

Despite bad experiences it's not easy to ignore a relative or a friend is in need of financial help. It is often said that the easiest way to lose a friend is to extend him a loan. Many would have gone through the regret of lending to a family member or a friend, who didn't stick to the mutually agreed time of repayment, or worse kept requesting for more time, giving one excuse or the other, until you stopped expecting the money back. Despite bad experiences it's not easy to ignore a relative ... Rediff.com, 2 months ago
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