I've been asked to take out a personal bank loan of 20,000 to invest in renovating and expanding a local nightclub, restaurant, and one other entertainment business. It seems promising and the potential is there but I can't afford for it to take a wrong turn (for whatever reason). As far as making loan payments, hes offered to pay it for me and take it from my final percent (25, so 5000 dollars) as a consequence. Am I being naive? Should I do this? I want to make sure I dont make a decision I will regret financially for a long time.
Submitted July 15, 2018 at 04:05AM by stormtrooper0311 https://ift.tt/2uoUwVD
