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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
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. 



I would co-sign for my DGF (when we get married), in a heartbeat. She's done more than enough for me in this lifetime and for the next... but that's because I trust her with every aspect of my life. I wish I could say I was being naive, but she's extremely smart financially, has 800+ credit scores and although she's not a budget master (I am hehe), she's not a wasteful spender either.

 

Then again, she pretty much fits the bill as one of the people I know LEAST to need a co-signer. So maybe that's why I would do it without hesitation.

 

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