<prompt> Human: Hi all, wondering if you can give me some advice on my dads financial situation. My dad has about 30,000 of credit card debt. He has been working to pay it down over the last year but he is just treading water because the interest is so high. He makes more than the minimum payment each month, but its still not enough to make much of a dent in it. The interest rates are crushing---21 and 24.He works as a substitute teacher during the school year and odd jobs during the summer. I have an offer from my credit card company to take out a personal loan of up to 25,000 at 8.99 interest. Should I take out this loan so that I can pay off most of my dads credit card debt---and then hed owe me versus the credit card company? How could this affect my credit rating?I get that this may be somewhat enabling behavior and that people on this sub are often against helping out family members. But I want to help my dad become more financially stable while he is still young enough to work 66 years old and save some money for his old age. Its hard to see him trying to do the right thing after making some financial mistakes but just not being able to get out from under this crippling credit card debt.  <response>: No no and no. he needs to get a loan on his own to do that. 