I believe many people will choose not to charge interest. After all, if interest is charged, it will become very expensive. But if you don't accept it, you will feel very shortchanged if you borrow the money for a long time.

I wonder if you will charge interest when you lend money to relatives for help?

I believe many people will choose not to charge interest. After all, if interest is charged, it will become very expensive. But if you don't accept it, you will feel very shortchanged if you borrow the money for a long time. After all, if you put it in the bank for a fixed term, you can earn a lot of money in interest. And if you lend it to relatives in vain, let alone interest, whether you can get the capital back is a question.

Xiao Hu (pseudonym) is faced with such a situation. Eight years ago, because his father was ill, he borrowed 120,000 yuan from his cousin to pay for his father's medical expenses. In order to borrow money at that time, Xiao Hu visited all his relatives and barely managed to collect the money for his father's medical expenses. Among them, including the 120,000 yuan borrowed from my cousin.

Although his father failed to survive in the end, for Xiao Hu, he did not regret at all that he could help his father get the opportunity for this operation.

But after that, how to pay back the money became a big problem for Xiao Hu. After all, the money was borrowed from relatives, so how could they not repay it? In fact, Xiao Hu didn't owe much to his relatives. The only big debt was the 120,000 yuan from his cousin.

So in order to repay the money, Xiao Hu also scrimped on food and clothing, and finally saved enough for the 120,000 yuan in the past eight years. But when he handed over the 120,000 yuan to his cousin, his cousin actually said: Just give me another 30,000 yuan, so that our account will be settled.

Xiao Hu is very puzzled. He obviously doesn't only owe you 120,000 yuan. Now that he has returned the 120,000 yuan to you, why should he give you another 30,000 yuan?

Unexpectedly, my cousin said that when you asked me to borrow money, you made it very clear. When you have money in the future, you will pay me back with interest. Now I have lent you 120,000 yuan for eight years. I want 30,000 yuan in interest. Isn’t that excessive?

Now Xiao Hu Ke was puzzled. The situation was quite special when he said this sentence. But isn’t this just a polite remark? Who would take it seriously? Besides, there are so many relatives who borrowed money, and they didn’t ask for interest when they repaid it. How come you want it?

The reason why my cousin wanted the 30,000 yuan in interest was because the money was his down payment for buying a house. But after lending the money to Xiao Hu, it took him almost five years to buy the house. The house price when I bought the house is no longer what it was at the time.

At that time, he could buy that house for only more than 300,000 yuan, but five years later, he spent more than 400,000 yuan to buy the same house. The price difference was almost 100,000 yuan. If he had not given the money to Xiao Hu at that time, he would have saved almost 100,000 yuan to buy a house. Therefore, my cousin thought that asking Xiao Hu to ask for 30,000 yuan in interest was not too much.

Xiao Hu believes that there is no interest calculation when relatives borrow money before. They don’t always help each other. You lend to me and I lend to you. I have never heard of interest being charged for borrowing money from relatives.

So in the end, Xiao Hu was unwilling to give interest to his cousin, but was only willing to pay back the principal. Finally, after my cousin accepted the 120,000 yuan from Xiao Hu, he said this: You are an unreasonable person. Don’t ask me for anything in the future.

Xiao Hu also felt aggrieved. He was not someone who borrowed money and refused to repay it, so why was he being unreasonable?

Actually, I think Xiao Hu should give his cousin some interest, but Xiao Hu did nothing wrong. After all, it was not agreed upon at the time how much interest would be paid. When you borrowed money before, you didn't tell me how much interest you would charge, but when it came time to pay back the money, you asked for interest. So no one can accept this matter.