<prompt> Human: I live in the US. My dad lives in Mexico, where lending rates are sky high. Hes eager to buy a beautiful truck at about 20K USD. He says hed be okay making monthly payments for financing at 13 interest rate for 5 years. Ive brought up to him that thats a ludicrously high interest rate and that Id be more than happy to lend him that money at a fraction of the rate say, 7 or 8, which is what the market would average me in mutual funds. That way he pays less and any extra money wont go to the banks, but to me. Is this a good idea?  <response>: Lending money to a family member a gift.Simple as that.If you are ok with it, go ahead. But dont expect it back. 