M asked 4 months ago

ASC, I was wondering if you already have different loans with interest. you can take a meeting place where you collect all loans and interest to one and the same loan. to be able to do this, I need a co-applicant but he will not pay anything just to be there as security that the bank requires you to have. will it be haram for him? sorry for my ignorance but I thought that since I already have loans and interest, it is not that I take a new loan or interest but just gather everyone in one place