Consumer Financial Protection Bureau (CFPB): Asking Family for Money? Giving Friends Financial Support? Follow These Tips

March 30, 2021

During the coronavirus pandemic, people may turn to family and friends for financial help to pay the bills. Whether you’re asking someone else for money, or you’re the one being asked for a loan or gift, it’s important to think through what this may mean for your relationships.

Learn what to ask and how to ensure that everyone is on the same page so that you can navigate your support networks successfully.

Get tips on managing family borrowing and lending.