Cosigning A Loan

The damage to my credit score would likely lead to higher finance charges if we applied for credit on a joint account. We don’t live in a community-property state, in which all debt obtained during a marriage is considered joint debt. (The nine community-property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington Read more about Cosigning A Loan[…]

Cosigning A Loan

Recently I was asked by a family member to cosign a loan to consolidate her out-of-control debt. It wasn’t the first time a family member has asked me for a financial favor, and it probably won’t be the last. I refused. It wasn’t easy — turning down requests from the people I love is never Read more about Cosigning A Loan[…]

Related Posts with Thumbnails