Quote:
Originally Posted by sedated
so you would consider co-signing a loan for a guy you've just started dating a "good choice gone bad"?
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nobody should EVER cosign a loan for ANYONE. i would not cosign a loan for my best friend, my child, my parents, the old lady's parents, no one.
if they did not already have a long history of not being trustworthy in finance they wouldn't have to be asking for a cosigner. a bank with millions and millions in financial backing won't trust them with a few thousand bucks. why would a person with little or no financial backing assume the risk if Bank of America won't??
if you cosign a loan, you should just assume that you're going to have to pay all of that balance off.