I’m 70. A relative offered me a $25,000 home loan secured by a lien that must be repaid within a year. Should I agree? (opens original article in a new tab)

A 70-year-old is considering a $25,000 home loan from a relative with a one-year repayment period secured by a lien.

• The individual is 70 years old
• A relative offered a $25,000 home loan with a one-year repayment period
• The loan is secured by a lien