← 6 Financial Deadbeats to Avoid

empty-pockets

By Sonja Mack | Published October 22, 2010 | Full size is 400 × 300 pixels

The "forgetful" borrower. Don't be surprised when you lend money to a cousin or your favorite uncle and you never get it back. If you lend money to a family member, consider it a gift. Family members are usually the worst when it comes to repaying a loan. So when Christmas comes around and they find an empty box under the tree, say Christmas came early—when you “lent” them $200 earlier in the year.

The “forgetful” borrower. Don’t be surprised when you lend money to a cousin or your…