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But its important to set financial boundaries with your family to protect your own security.

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Because getting family involved in your debt can only compound this stress, Cruze said to avoid doing it.

Do not borrow from your family period, she said.

Situations like this can put a major strain on the relationship or even ruin it completely.

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Again, its going to change the relationship there.

Its not worth the relationship complications that come with it.

Then you now owe the money as the cosigner.

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So what you thought was a good thing ends up really harming you in the process.

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