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Lifecoach · 56-60, M
First of all taking loan is your sacrificing your future benefits. So before taking a loan you should have the purpose which should justify the loan. So why do you both need loan. Secondly, what will you do if he didn't pay his half every month.
destinyfabulous · 36-40, F
@Lifecoach: I don't mind taking the loan. However I don't want him to dump me after and someone else enjoy the benefits of the money. The money is to buy a piece of land.
Lifecoach · 56-60, M
@destinyfabulous: who is going to own the land. If you are going to own the land it doesn't matter. Or if you have 50% share in the land also it is fine. But if the land is going to be in his name and you owe the money then it will not work.