I still do this on occasion, with these rules - 1. You can only have one loan at a time. 2. The money has to be used to complete a goal. Moving across country

I still do this on occasion, with these rules - 1. You can only have one loan at a time. 2. The money has to be used to complete a goal. Moving across country is a goal, paying rent is not. 3. There is no repayment date, but you do have to write me an email stating what you are using the money for and that you agree to the rules. Those are the simplest rules I could come up with that prevent abuse without being too onerous. They seem to work. About 1/3 of the loans I've given out have been repaid.