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Updated about 5 years ago on . Most recent reply

Private money rates when borrowing from family
What is a “fair” rate to pay a family member for the first time borrowing money from them?
What kind of return should they get for:
1. $5,000
2. $15,000
3. $30,000
What is the best way to repay them?
1. Lump sum at the end
2. Installments
3. Payments
Thank you in advance, and I apologize for the vague question.