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Loan repayment contract between parent and child

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Replies to: Loan repayment contract between parent and child

  • dodgersmomdodgersmom 6467 replies846 threadsRegistered User Senior Member
    I disagree, MommaJ. If the parents said, "We expect you to pay us back" and the student said, "I understand" . . . what do you end up with four years later? A repayment contract with strict terms, or an agreement to repay if and when the student is able? Entirely possible that parents and student could have entirely different understandings of what their "agreement" was.
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