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 Colleague wan use my name borrow loan for his busi, Srs

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homicidal85
post Feb 12 2019, 01:47 PM

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From: JB


QUOTE(RoastedChicken @ Feb 12 2019, 01:13 AM)
He out of his mind? Wanted to use my name to take loan for his business and promise to pay me back within a month?

Why not I take the loan to pay for my car installment , our house installment? Hmm I'm too weak I guess to have been asked like this?

Ktards what will you do? Srs
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if you say yes, you are taking a huge risk to yourself.
if something happens, which is very likely, you will bear all the risk since the loan is in your name.

to me, its absolutely madness for you to take on someone else's business risk. even if it was your sibling, i would tell you not to do it.

 

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