Lending Money to Friends and Family

Would You Rather Have the Flu or Lend Money to a Friend?

When CNN surveyed 800 people and asked them if they'd rather have a nasty flu or have a relative ask for a large loan, two-thirds answered they'd choose the flu! Lending money to friends and family (or being on the receiving end) can be really sticky, especially if the loan was made without establishing guidelines like when the money will be repaid.