Our Reader to Reader Question of the Week:

Dear Readers,
, my oldest daughter asked for a two-year loan to help fi-nance a larger home. Both she and her husband have good jobs, but they wanted to avoid using non-liquid assets. In making her request, my daughter said she had never felt that a parent should charge inter-est and she wanted her loan to be interest-free. This made me uncom-fortable, but I agreed to the loan and said I would consider making it interest-free. Shortly after, my daughter called to ask for the money. As in the past, I mailed her a check accompanied by a note to sign and return to me. That note was an agreement to pay interest. I included a repayment schedule. To my surprise, she cashed the check and returned the note with the reference to interest crossed out. Subsequently, she has been making her monthly payments to me on principal only. In a recent visit to her home, my daughter and I discussed the situa-tion, but we were unable to resolve the issue. She contended that I had encouraged her to believe I would not be charging interest. I told her I was sorry about the misunderstanding, but my position should have been clear when she received my check and the note requesting her signature. Is my loan policy unreasonable? How would you handle this? -Carl in Akron