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April 23, 2018

In-family loans? Here's how to dodge the drama

By AMRITA JAYAKUMAR
NerdWallet

Financial advisers don't always agree, but when it comes to lending money to family, there's consensus: Tread carefully.

If an adult child needs help buying a first home or has a promising business idea, a family loan can be a fast and convenient option. But there's a risk of drama down the road.


 
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