Family Loan to renovate

Dualtha

Registered User
Messages
30
Just a quick question. Myself and my sisters want to take a small loan out (c.10k) to make improvements to our parents home.
Is it possoble to take a loan out across 4 names as we don't want to borrow for it alone in case we need to do any work ourselves to our own home and an extra loan could affect borrowings.
Anyone do anything similar?
 
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