2025 Should We Loan Money to Family or Friends? - Financial Tips with Prayer

2025 Should We Loan Money to Family or Friends? - Financial Tips with Prayer
1. Should we ask the purpose of a loan?
2. Should we watch for mismanagement from the borrower?
3. How much can one give tax-free to someone in 2025?
4. How well do we know the prospective borrower?
5. Is seeking the credit score of a borrower a legitimate request?
6. Ask if the requested amount is sufficient to resolve it?
7. Where can one seek the annual credit report?
Darnell & Marilynn James provide weekly financial strategy discussions to support individuals' and families’ monetary success.
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