Smart Tips to Avoid High Interest Rates with Family Loans 💰
Learn how to use intrafamily loans effectively to sidestep high interest rates. Kelly Phillips Erb from Forbes shares expert advice on managing family loans wisely.
About this video
Kelly Phillips Erb, a senior writer for Forbes, joins ‘Forbes Talks’ to discuss avoiding high interest rates using intrafamily loans.
0:00 Introduction
0:24 What Exactly Is Grandma's Bank?
1:41 Inter-family Loans Explained
3:33 Potential Risks Lenders Face
4:49 Always Have Paperwork Even With Family Members
5:40 Kelly Advices Balance And Boundaries In All Things
8:03 How Can Inter-family Loans Help The Middle Class?
0:00 Introduction
0:24 What Exactly Is Grandma's Bank?
1:41 Inter-family Loans Explained
3:33 Potential Risks Lenders Face
4:49 Always Have Paperwork Even With Family Members
5:40 Kelly Advices Balance And Boundaries In All Things
8:03 How Can Inter-family Loans Help The Middle Class?
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Video Information
Views
14.8K
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Duration
12:09
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Published
Dec 27, 2023
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