
The Most Important Thing You’ll Ever Read About Being a Private Lender”
By Vena Jones-Cox
Note: Laws and regulations regarding the advertising, registering, and formalization of private loans vary enormously state-to-state. Generally, these rules apply to the borrower rather than the lender, but even lenders should be aware of what the laws in your state say about these transactions. Of course, this article is not intended as legal, accounting, or other professional advice. Always consult with your legal, accounting, or other professional before making any investment. Further, nothing in this article should be construed as an offering or solicitation of a security.