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pizzadude
Posts: 9,176
Registered: ‎01-28-2010
Re: Never co-sign a loan. Never, ever ever.

tonyaether wrote:

I was just about to post  a question on this topic then I saw this post....ahh the dread.  So would anyone co-sign for a spouse?  I have always said absolutely not when approached by my DH on the topic.  However, now I am just confused on whether I am being a bad wife by not doing so.  The thought is now crossing my mind again. 


Just my 2 cents here, but IMO signing a loan with your spouse and co~signing for someone else ( friend, sister, cousin...etc... ) is different thing.

 

Married people handle their finances differently, some people do everything jointly, and others keep it all seperate, or only co~mingle one or two accounts.    

 

Whether you live in a community property state might make a difference on this as well.

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