HomeConsumer + MoneyMoney & debtBorrowing moneyBorrowing money from a friend or relative
Turning to a friend or family member for a loan can be an attractive option when you need money. But there are risks. Learn how to prevent problems — and what to do if problems arise.
What you should know
Protect yourself
Work out the problem
Who can help
This information from People’s Law School explains in a general way the law that applies in British Columbia, Canada. The information is not intended as legal advice. See our disclaimer.
Related
On Dial-A-Law
Dial-A-Law has more information on Borrowing money in the section on Money & debt.