Lending someone money

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It can be hard to see someone you care about struggling financially. If you’re considering lending money to a friend or relative, there are steps you can take to prevent problems down the road.

What you should know

Protect yourself

Work out problems

Who can help

  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in January 2020
  • Time to read: 7 minutes

Reviewed for legal accuracy by

Robert Rogers, Hamilton Duncan

Robert Rogers, Hamilton Duncan

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This information from People’s Law School explains in a general way the law that applies in British Columbia, Canada. The information is not intended as legal advice. See our disclaimer.

On Dial-A-Law

Dial-A-Law has more information on Lending & collecting in the section on Money & debt.