Now to my question. If you "vouch" for someone that they are trustworthy and they take a loan, is the person who vouched putting their reputation on the line? If you didn't trust a person to repay, why would you "vouch" for them?
Curious to see what others say about this.
For example, if user "A" votes for user "B" during a loan collection, it directly means that user "A" will take full responsibility to repay the loan if it is defaulted by user "B.". Vouching for anyone anywhere means that the person vouching has agreed that they trust the person, and they must also be made to agree to face full responsibility for whatever the person they vouched for commits.
In some local villages of my country, during loan collection, the borrower usually visits the lender with one or two witnesses who stand as guarantors to vouch for the borrower. If the borrower fails to repay the loan, those guarantors will take the responsibility because they vouch for the him during the loan collection.