Reply to Tension with Wife's Family over Finances

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You told your father-in-law that your wife wouldn’t be paying back a family loan? No wonder he’s pissed.[/quote]

OP here.  She would not be paying it back with marital income. Since she is now back in school and not earning income that means that I would not be making payments on it with my income.[/quote]

That’s not how debt works. Jesus, I would hate you too.[/quote]

Meh. If the FIL wanted to be repaid like a bank then he should have set the loan up with formalities or just made his daughter take out actual loans. While I think in good conscience OP’s wife should try to pay something back, it also seems like the FIL is a cheapskate and possibly using the money to try to control his daughter. Possibly the FIL had no intention of ever collecting on the “loan” but is now acting like a bank that he has a rich son in law. And of course, one expects and hopes that a parent has more regard for the affordability of debt as compared to a shady payday lender …

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