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Joined: May 2002
Posts: 10,034 Likes: 1
Campfire Outfitter
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OP
Campfire Outfitter
Joined: May 2002
Posts: 10,034 Likes: 1 |
My grandparents cosigned a loan for one of my uncles and it started a bitter family situation that lasted almost 20 years
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Joined: Apr 2011
Posts: 4,858
Campfire Tracker
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Campfire Tracker
Joined: Apr 2011
Posts: 4,858 |
Yes. A friend buying a used vehicle for getting to work. His parent's credit was really bad.
True to his word, he paid it off early and never late on payments.
Wasn't a problem, but I've heard horror stories.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
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Joined: Nov 2002
Posts: 33,790 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,790 Likes: 11 |
My middle son without issues.
Conduct is the best proof of character.
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Joined: Apr 2017
Posts: 3,183
Campfire Tracker
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Campfire Tracker
Joined: Apr 2017
Posts: 3,183 |
I consigned for my stepson's car. He had no credit rating as he had a job and up to that point he had paid for everything in cash. I figured if if he failed to make payments it would be chalked up to experience and the last time I helped him out on anything. In the long run it would have been cheaper for me if he would have reneged!
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Joined: Dec 2021
Posts: 1,864
Campfire Regular
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Campfire Regular
Joined: Dec 2021
Posts: 1,864 |
many times, been lucky so far
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Joined: Jul 2020
Posts: 5,329 Likes: 24
Campfire Tracker
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Campfire Tracker
Joined: Jul 2020
Posts: 5,329 Likes: 24 |
I cosigned for my sister on a propane tank agreement. That was a very large mistake.
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Joined: Dec 2021
Posts: 2,352 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Dec 2021
Posts: 2,352 Likes: 1 |
Yeah, I did once. No, problem at all.
Why do I have to press 1, for English?
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Joined: Aug 2002
Posts: 5,759
Campfire Tracker
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Campfire Tracker
Joined: Aug 2002
Posts: 5,759 |
Just did tonight as a matter of fact. A used car for my niece in college. Her dad is a drunken piece of chite and she needed a little help.
Know fat, know flavor. No fat, no flavor.
I tried going vegan, but then realized it was a big missed steak.
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Joined: Apr 2011
Posts: 152,148 Likes: 35
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 152,148 Likes: 35 |
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Joined: Jun 2012
Posts: 10,068
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2012
Posts: 10,068 |
No, but I would for my oldest daughter without a second thought. My youngest isn't old enough to think about it yet.
Last edited by SockPuppet; 01/24/23.
Mercy ceases to be a virtue when it enables further injustice. -Brent Weeks
~Molɔ̀ːn Labé Skýla~
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Joined: Feb 2001
Posts: 50,656 Likes: 2
Campfire Kahuna
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Campfire Kahuna
Joined: Feb 2001
Posts: 50,656 Likes: 2 |
Many times... I always go into it thinking it is a gift and feel lucky and grateful when it works. Got shafted twice and consider things are well into the plus side due to good will generated.
Mark Begich, Joaquin Jackson, and Heller resistance... Three huge reasons to worry about the NRA.
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Joined: Apr 2011
Posts: 473
Campfire Member
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Campfire Member
Joined: Apr 2011
Posts: 473 |
Two times,had to pay both,no more
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Joined: Feb 2003
Posts: 10,413 Likes: 6
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2003
Posts: 10,413 Likes: 6 |
My dad cosigned a loan for me to buy an apartment building in 1990.
It seems like I rebuilt every bathroom floor in the building.
I had my name on the title of my 16 year old little brother's 67 barracuda in 1975.
THat car would do 120 mph. He is still alive.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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Joined: Aug 2003
Posts: 1,924
Campfire Regular
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Campfire Regular
Joined: Aug 2003
Posts: 1,924 |
Done it twice for relatives. Had the mentality that it was a gift. But loans repaid, no problems.
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Joined: Nov 2020
Posts: 72
Campfire Greenhorn
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Campfire Greenhorn
Joined: Nov 2020
Posts: 72 |
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Joined: Jan 2020
Posts: 5,196 Likes: 5
Campfire Tracker
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Campfire Tracker
Joined: Jan 2020
Posts: 5,196 Likes: 5 |
I've co-signed for my kids.
Life is good live it while you can.
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Joined: Jan 2005
Posts: 11,331
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 11,331 |
I may not be smart but I can lift heavy objects
I have a shotgun so I have no need for a 30-06.....
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Joined: Sep 2014
Posts: 21,916 Likes: 7
Campfire Ranger
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Campfire Ranger
Joined: Sep 2014
Posts: 21,916 Likes: 7 |
No, but I need to check my credit score.
I haven borrowed a dime in 20 years, haven't had a payment with my name on
it in 7. Not even a credit card.
Don't like borrowing, don't want to.
But hate to eliminate bridges.
Parents who say they have good kids..Usually don't!
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Joined: Jan 2019
Posts: 3,440
Campfire Tracker
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Campfire Tracker
Joined: Jan 2019
Posts: 3,440 |
My entire 2nd marriage turned out to be one big cosign. Bad decision on my part.
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Joined: Oct 2022
Posts: 930
Campfire Regular
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Campfire Regular
Joined: Oct 2022
Posts: 930 |
I cosigned a loan for a boob job for a stripper. It was worth it.
What if Jessie's girl is Stacy's mom, and her phone number is 867-5309
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Forums81
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