Throughout my whole life I have always thought that if you "vouch" for someone, then you are telling people that you trust that person. You also agree to take responsibility for that persons actions.
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.
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.
I would say it depends. But if you say like this below the answer is very simple. Yes!
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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?
If you say a person is trustworthy to take a loan and he get granted the loan because of that it's up to you to solve the problem if he don't pay back himself period.
It's the same as to be a creditor to a friend/family member if they don't have a good credit you can help them to be a creditor when they gonna apply for a loan if they fail to pay back it will in the end land on you.
But also in the end, if the person pay back that loan and what he does after that should not affect you but it should be some kind of communication also.
You cant be responsible for a individuals actions for the rest of your life, everyone and everything changes with time.