TLC♥1981
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Sounds like you already know the answer... and I definitely think it is a smart one! A gf of mine co-signed for her bf and now they are no longer together, he sold the truck and kept the money and she never saw a dime from him!! It is not a wise decision to co-sign if you can not guarantee the relationship is stable and it obviously is not if you are on again/off again all the time!!
Tell him no! You don't feel comfortable taking on a huge commitment not knowing where your relationship is going, and if he is late on payments or misses them all together, it comes back on you. That is a huge responsiblity to take on for someone else and you don't want to sign up for something that could be potentially credit ruining!! |
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SPIFIMAN1
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Never, never, never co-sign for anyone that you are not married too.
I look at credit everyday and see many repossessions and when I ask people what happened over 85% say that was someone that I co-signed for. |
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dark eyes
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DO NOT SIGN THE LOAN FOR YOUR BOYFRIEND. IF HE DOESN'T PAY, THE CREDITOR/FINANCIAL INSTITUTION WILL COME AFTER YOU FOR THE REMAINING CONTRACTUAL AMOUNT. DO NOT DO IT.
I'D JUST TELL HIM "NO" BECAUSE IF YOU CAN'T MAKE THE PAYMENT, THEN I HAVE TO...AND I DON'T HAVE IT!!! |
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rubberduckygeorge
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tell him no, say you wouldn't want to be responsible for his car if he gets fired and defaults on a payment. it isn't your responsibility, if anyone should co-sign for him let it be his parents. |
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LaraSue
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Just say no. |
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Steveo
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Tell him to grow up or go live with his parents, find a job, but to live a life and leave you alone. |
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wendypan
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tell him the truth, you don't want to do it. It's easy, to the point, and if he walks away then it's for the best. |
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THE Cupid HATER
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Just tell him "No, because it's too much of a credit risk for me." |
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Joanna
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NOOO!!!! DONT DO IT NO MATTER WHAT HE SAYS TO YOU!!! |
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jonmac06403
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NO, never co-sign. You are legally responsible if he defaults, and none of the benefits from the action. |
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donald e
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not only no but hell no, u r right on with your comments |
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litl m
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Tell him "no I am not going to financially responsible for you making a car payment. I am sure that would ruin any chance of us having a relationship."
You know he is attempting to use you and congratulations for not falling for that one. |
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src50
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Capital N - Capital O. NO!!!! Don't got there. |
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Steve R
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Tell him no. |
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$m¤¤v¥ £¤¢¤
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Nope, I wouldn't do it either if I were you. Tell him he needs to get his credit straightened out and finance it himself. Credit should be used as a tool to help you get things a lot easier, not to get you into debt IF you don't know what you're doing. |
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83poz
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Frown & tell him that ur allready overextanded, then you don't have to worry about hurting his feelings if that's an issue. |
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heybulldog
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Tell him to save up for a cash car.
it'll get better gas mileage if it is not dragging a payment book behind it.
Take what would have been the payments and put in the bank.
No payments =cash in the bank.
Credit is a tool alright. It's a tool that makes banks rich and you poor. |
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Grand pa
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loans & friends not a good combo. tell him your not in a position to do this. dont let him play the do you love me game. If he loves you he will understand/. |
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Sam G
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Say, "Are you out of your freakin' mind?!?!" |
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Mikey IV
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Tell him your bank will not allow you to co-sign. |
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