Family

Is lending money within the family best done without interest?

For

Family support should not involve profit.

Against

Mixing money and family often leads to broken relationships.

Anonymous excerpts, translated where noted.

For

  • Yet financially it's much better to get this money interest free instead of giving at the minimum 2x to the bank
    RedditOriginal language: English
  • She can borrow the money from me, interest free, because I know she would pay me back as soon as the house is sold.
    RedditOriginal language: English

Against

  • If it's in the thousands you might potentially be losing out on a decent bit of money if you had invested it elsewhere.
    RedditOriginal language: English
  • Never lend money to relatives or friends—if things go wrong, it's the lender who ends up being blamed, even though it was their money
    RedditOriginal language: English
Skip