I am a 22 year old male college student, I currently have around 30,000 saved up from financial aid as well as working part time. My mother and I are not particularly close but our relationship is not strained either. She is asking me to loan her the amount above due to a recent trip she took with my sister. She has promised to pay me back by December with $300 interest. She is some I know has my best interest at heart and whom I can trust.
She owns her own business and rents a fairly nice house with her significant other. I have no idea what their incomes are but can assume they are relatively stable.
I normally dislike loaning money and was wondering if anyone has any advice or experience with loaning money to family members. I feel that she is putting me in a tough bind and I do no not how to proceed at this point.
Submitted April 14, 2017 at 05:22AM by okilokii http://ift.tt/2p2ueaK
