<prompt> Human: First time Im posting here and searching hasnt helped me too much.A friend of mine has bad credit and needs to take out a loan. I consider using my name for the credit but they will be paying for it all. Would this come back down on me if I do it? Is it considered co-signing a loan? If not, if this sounds fine, where should I take out a loan from?EDIT Thank you everyone for the overwhelming amount of no! Hah, really though, thank you everyone for the replies. Im definitely not going to do it, just to reiterate. I hope this helps anyone in the future who find themselves in a similar situation.  <response>: Your friend has a bad credit for a reason and thats why banks wont lend him money, that same reason is why you shouldnt lend him money either. Plus debt and friends mix very poorly, if you go ahead with this Id imagine that the friendship will be ruined and youll end up paying for the whole thing. 