How To Avoid High Interest Rates With The Bank Of Grandma
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?
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