Re: Never co-sign a loan. Never, ever ever.
04-17-2012 07:52 PM
Just saw another thread on this topic and really got to wondering how often people get hosed co-signing car loans.
I'll bet it's pretty common. I mean, think through what they're thinking: Hey, everyone needs a car, right? And you need to get something decent, not some old beater, right? And you're my friend/ my mom/ my son/ the love of my life, and we're all here to help each other, right?
And then off we go.
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007