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Reply to "Brother-in-law asked for $5k"
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[quote=Anonymous][quote] My spouse (54 years old) mentioned that her brother (42 yrs old) asked for money. I (52 years old) said any amount up to $5k would be fine. She said her brother asked for $5k. [/quote] That's reading to me like he just asked for money, generally, and once the limit was set he said "ok, 5k." If your limit was 20k he'd say he needs 20k. It doesn't sound like the money is for anything in particular, but perhaps he can use it for a security deposit on a new place. If he can qualify for the loan and is still working at the call center, that's not horrible. The key here is you need to discuss with DW what the plans are going forward. -Do NOT co-sign his lease or loan. -Discuss what happens if he has an apartment and can't make rent. If he is on the verge of eviction, is she expecting to give him more money, or let him live with you?[/quote]
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