Good advice here .
My 2 cents is based on my experience.
A friend lent to mutual friend in not too dissimilar circumstances as you find yourself in.
In short succession this mutual friend then had a car accident and was divorced .
Short story is the mutual friend cannot pay back , even though he wants to .
Banks plan and allow for black swan events in their lending evaluations ...friends don't , and sometimes pay the price.
With the best of intentions and will...things can and do go horribly wrong.
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