Lending Money to Family and Friends Can Be Tricky
Tuesday - July 26, 2011 at 07:52 am
With the current economy, and banks' tight credit standards, people often turn to friends and family for loans when they need money.
But lending money to your family and friends can be a delicate subject. Yet, our next guest says investors may be more willing
to lend money to friends and family because of current low bond yields.
Mike Switzer interviews Abby Donevant, a certified financial planner with Abacus Planning Group in Columbia, SC. www.abacusplanninggroup.com