Family Loans

[BabyBlue91]

Hello All:

Rather than dish all my family's dirt, I'll get to the nitty-gritty: my relative, who knows I am getting married this year, called me this morning asking for money to pay a long-overdue bill. If I give/lend it to him and am not repaid, my fiance and I will have to cut 30 people from our guest list. We only have about 110 people to begin with; the 10 or so relatives on the list from afar probably won't make it because it's a Friday; and we've signed a contract to pay for 70 plates no matter what!

Oh, I will only say that Family Member's financial track record is not the greatest.

My options seem to be one of the following:

a. Give the $1,500 and expect no repayment
b. Provide the money with documentation that it is a LOAN
c. Give a smaller amount I can afford to lose
d. Tell Family Member he's on his own!

If anyone has another suggestion, I'm all ears! Thanks!