Friendly Loan

Wasn't it that Shakespeare guy who said, "Neither a borrower nor lender be...?" Well, Mr. Wells and Mr. Fargo clearly didn't listen.

A friendly loan is just like banking: nice. No collateral? No problem. Interest? Yes; have to charge you interest in this friendly loan.

A zero-interest loan would catch the eye of the IRS, who'd view the loan as a gift. Then all kinds of bad things happen taxwise.

But a friendly loan is just a loan without all the hoops, and without the sheriff knocking at your door should things go awry. So here's to hoping friendly stays...friendly.