Personal Finance

July 8, 2014 11:40 AM

Kat’s Money Corner: When family or friends need a loan

When bigger dollars are involved, the first question you ought to ask yourself in these sort of situations isn’t “can I make this work financially?” it’s “what’s the real cost of making this loan?”

Related content

Comments

Videos

More Videos

Cheap gas, big savings in Kansas City 2:37

Cheap gas, big savings in Kansas City

MU's Olympic wrestler J'den Cox, mother make beautiful music 3:58

MU's Olympic wrestler J'den Cox, mother make beautiful music

Kendrys Morales collects four hits in Royals' win 1:25

Kendrys Morales collects four hits in Royals' win

Danny Duffy pitches Royals to win over Cardinals 1:19

Danny Duffy pitches Royals to win over Cardinals

Behind the scenes at the Royals' Hot Dog Derby 2:32

Behind the scenes at the Royals' Hot Dog Derby

How to make the perfect orange garnish for your cocktail 0:42

How to make the perfect orange garnish for your cocktail

Grayden Lane Denham charged in quadruple homicide in Platte County 3:07

Grayden Lane Denham charged in quadruple homicide in Platte County

Parole opposed for killer of Kansas City, Kan., police detective 2:04

Parole opposed for killer of Kansas City, Kan., police detective

Two Kansas City police cars involved in injury wreck 0:55

Two Kansas City police cars involved in injury wreck

Olathe firefighters battle apartment blaze 0:43

Olathe firefighters battle apartment blaze

Lorenzo Cain on Royals' 6-1 victory over the Astros 1:10

Lorenzo Cain on Royals' 6-1 victory over the Astros

Share Video

Editor's Choice Videos