<prompt> Human: Im 25, college grad, and I just started my job back in June. I live at home still and making about 37,000 a year after taxes I live in Boston.My grandma is horrible with her money and needs to move out her house with my grandpa because she remortageed her house after going backrupt years ago and now cant afford it. Last week I gave her 1600 so that she can stay another few weeks and lastnight she asked for a bigger loan.Shes asked my mom already but my mom already loaned 10,000 from the back to give to her a couple years ago. This really set my mom back because she was planning on buying a house with a loan. Now my grandma wants me to do the same for her. I dont have money saved just a few grand in my checkings but I want to move out the house sometime next year. I also have about 48,000 in student loans.I know nothing about loans but my grandma wants me to take the loan out and have it in her name. That way money will never come out my account. Should I do it? If I dont my grandparents will have to move in with us for a few weeks. Im not sure what the risks are besides her not paying the loan and the bank coming after me. She would like the loan to be 3 years. Thanks for any inputadvice.edit: for clarity - she would like me to apply for a loan at the credit union where she opened an account for me when I was younger. she also gets about 5000month from retirement. youre probably wondering what her expenses are and IDK them all but I know she pays for everyones car insurance my sister has a 13 honda, mom has 13 tsx, I have 08 altima, grandma has 13 rogue 600month car note. shes pretty careless with her money. theres no reason why she needs an SUV when she doesnt have kids plus its 600 she could be saving if she had an older car.edit2: my grandma is very unique. she raised my mom by herself until she got married when my mom was like 10. my mom had me and my sister when she was 17. since then my grandma has sort of taken on the role of mom for me and my sister and also my mom why were all on her car insurance. my grandma feels like she HAS to help us given were all good people my sister just got her masters, my mom grew up to make something of herself despite having kids young, I went to college.up until last summer we were all on her phone bill! it has nothing to do with mooching off of her trust me if I knew how bad her finances were I wouldnt be on her insurance. my mom got me my car but then put it under my grandmas insurance. I think the next steps after telling her no would be to start looking for my own car insurance. I would also like to move out next year. where do I start research for insurance and how to save to move out? Im not sure how much money I should have saved before moving out. if my car is almost done being paid off should I keep it or sell it before it needs some costly maintenance work?x200B;edit3: I AM NOT GOING THROUGH WITH IT. if I was going to do it I wouldnt have come on here asking for advice just to get shit on lol. thanks for the input though you guys make me feel better about saying no! Im pretty responsible with my money and I plan on doing so I want to put myself in position to move out soon.Assistant: Thats not really how this works, you apply for the loan, she clearly wont get it since she declared bankruptcy a few years ago. So its your name on the loan, youre responsible for the payments. Then you write her a check. It sucks but dont do this thats half your net salary.Human: does any of this change if its at a credit union?  <response>: Nope loans are all structured basically the same 