Results: Loaning money to your children
1.
1.
If you loan money to your child to help him or her get out of credit card debt. Do you charge interest on the loan? Yes
13%
•
111 votes
No
87%
•
731 votes
2.
2.
If you said no, what is your reason? I would feel wrong charging my child interest
35%
•
294 votes
I wouldn't lend my child money in the first place
9%
•
78 votes
I would just give the money with no questions asked
16%
•
132 votes
Other
5%
•
40 votes
N/A
35%
•
298 votes
3.
3.
If you said yes, what is your reason? It would teach my child that they can't just get into money trouble and expect me to bail them out every time, at least without a slight consequence
15%
•
127 votes
I could make money in the process
4%
•
30 votes
If I didn't charge interest, then that is interest I would be losing out of from the bank
5%
•
40 votes
Other
3%
•
24 votes
N/A
74%
•
621 votes
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