Gazeta.ru, Roskatniki Financial Specialization Center President Olga Vyalhina’ya told, the Russians may face various risks while trying to get money from relatives.
“If something goes wrong, financial disputes may adversely affect relations. Also, relatives may expect more than the repayment of the debt – for example, even regular reports about financial conditions. Small misunderstandings can lead to serious conflicts in the family. Also, if you are constantly borrowing, it can create addiction and create motivation for financial independence. It will help to avoid problems. ”
According to him, as a rule, relatives either do not receive interest or lend a small rate. The expert has announced that relatives are often ready to borrow more appropriate conditions than banks, and with them you can discuss the last date to repay the debt that will be suitable for everyone. Vyalshina, another plus to borrow money from their loved ones – usually they can give faster money than a bank or microfinance institution.
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Source: Gazeta
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