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Home > Videos > Why Not to Help Friends or Relatives to get a Loan - Co-signing a Loan | CNN News18 | EP 71

Why Not to Help Friends or Relatives to get a Loan - Co-signing a Loan | CNN News18 | EP 71

A loan to a relative or a friend is typically unsecured. The terms and conditions are undefined or hazy and demanding payback are troublesome. What's more, if the loan turns sour, the relationship likewise sours. Besides, such a loan is normally interest-free. This implies you lose money. To Learn Money every day, Subscribe to our YouTube Channel - http://bit.ly/2gjv2mu and hit the bell icon to receive regular notifications.

 
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