Advice - Personal Loan Blog

JimBondy advice articles about family loans and personal loan tracking.

How to Give Someone Money Without Offending Them. Scripts and structure for offering money to a friend or family member without making them feel judged, controlled, pitied, or indebted in the wrong way.

Someone Owes Me Money and Is Avoiding Me. What Should I Do?. A calm step-by-step plan for when someone owes you money, ignores texts, avoids repayment, or disappears after borrowing from you.

3 in 4 Lenders Experience This Problem — Here's How to Avoid It. 75% of people who lend money to friends or family experience payment-related misunderstandings. The solution is simpler than you think.

Why 60% of Personal Loans Damage Relationships (And How to Be Different). The majority of personal loans between loved ones cause strain. But a simple change in approach can put you in the successful 40%.

Why Personal Loans Strain Relationships. Money between loved ones is complicated. Here is why loans can damage relationships and what you can do about it.

How to Ask for Loan Repayment Without Awkwardness. Practical tips for having the conversation nobody wants to have about money owed.

Should I Lend Money to Family? 7 Questions to Ask First. Before you say yes to lending money to a family member, ask yourself these important questions.

6 Warning Signs Someone Will Not Pay You Back. Red flags to watch for before lending money to friends or family.

Should I Charge Interest on a Loan to Family?. The pros, cons, and tax implications of charging interest on personal loans to relatives.

What to Do When Someone Owes You Money and Ignores You. Steps to take when a friend or family member is avoiding you about money they owe.

Personal Loan vs. Bank Loan: When Should You Borrow from Family?. Comparing the pros and cons of borrowing from family versus getting a traditional bank loan.

How to Forgive a Debt Without Feeling Resentful. When someone cannot pay you back, here is how to let go of the money and the anger.