Is a “subject to” or “simple assumption” mortgage a good idea for a buyer with poor credit?

I am talking with a friend about buying her home. My credit is poor, and she suggested that I could assume her loan at 6% as a “simple assumption”. My understanding of this is that she would still be responsible for the loan should I default, but that I would keep her interest rate after cashing her out. Could such an arrangement improve my credit rating at all? What would be any negative sides to this situation?

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