Credit Help Forum - Learn how to rebuild and maintain perfect credit

[johns]

Originally Posted by Raquelita

When my dad took out a loan to start his (very successful) business he borrowed money from his father. Although this would not work for all people, if you have relatives that you can do this with it can help in bypassing much of the hassle of getting a loan.

I've seen lots of loans between relatives that never got repaid. Although I understand that any parent will be inclined to help their children with what they can.