Re: Never co-sign a loan. Never, ever ever.
05-28-2012 04:18 AM
closest Ive ever been to cosigning a loan was adding a ex as an auth user on a CC I had, and watching her spend 2k on it that she eventually never paid back. That was enough for me to realize that unless we are legally married, nothing credit wise will be joint.
My Ex got a little happy with a CC, too! I can laugh about it now but paying BoA back $6K stung at the time.
In some states, people can be sued for spousal debt. That's pretty scary, LOL!
Starting Score: 675
Current Score: EX ? FICO, EQ 732 FICO
Goal Score: 776 FICO
Take the FICO Fitness Challenge