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What if you co-sign a loan for a car with this person and then they leave you in the lurch? You will be responsible for the entire thing and then have to take him to court to get the car - while your credit goes in the shitter.
On the other hand if you can afford the lose and want to help out a co-worker then go for it - but only if you can afford to not see the money because these things never end well.
(36 years of experience talking and many friends as well as my self have been to kind to people we thought were friends).
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I've yet to dephile myself...
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