cosigning: SHOULD I COSIGN? - 05/13/11 10:46 AM
SHOULD I COSIGN?
THIS BLOG HAS A LOT OF POSSIBLE CAPTIONS - I COSIGNED, NOW WHAT?
I COSIGNED, NOW MY CREDIT IS RUINED!
I COSIGNED, NOW I CAN'T BUY ANYTHING.
I COSIGNED, NOW I HAVE TO PAY.
       DON'T LET COSIGNING DEBT RUIN YOUR LIFE!
I see it all the time, someone innocently signs his/her name on the dotted line, thinking they are helping a loved one. What they do not realize is if one cosigns then one IS RESPONSIBLE FOR THE DEBT. By cosigning, one is saying IF MY LOVED ONE DOES NOT PAY, I WILL.
WHEN … (3 comments)