This tax credit combined with the high interest collected on the loans allows investors to virtually double their money every seven years. (stoprocketship.com)
Secondly, because the lenders know they can always collect on these loans, they have no incentive to work with you to assist repayment. (thecollegeinvestor.com)
So, unless you consider the loan a gift, be prepared for problems to arise when your family member doesn't pay you back, as collecting on a loan can be awkward for borrower and lender alike. (entrepreneur.com)