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[quote=Anonymous]My husband's cousin from Asia called asking BIL for a $100k loan.  His wife needs cancer treatment, and his father is on dialysis.  Cousin has already maxed out on credit cards, and borrowed against his home and business.  In short, he is broke.  We think his asking for money from overseas relatives is his last resort.  BIL is going to loan $20k for now, see if the story checks out in a few weeks during an already planned visit (cousin is a stand-up guy so no real suspicions that it wouldn't), and will probably loan the rest.  My husband wants to pitch in $10k.  We are not wealthy.  Our liquid savings amounts to about $60k.  No one has asked us for money, and this is a "loan" that no one ever expects will be repaid.  My husband has asked me what I thought.  I'm torn.  Of course I want to help family, but my husband has a history of at least two other "loans"  like these.  I'm afraid if I don't say no at some point, we will not be able to pay for our retirement and our children's college funds.  What would you do?[/quote]

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