submitted 9 months ago by Ragdoll_X@lemmy.world to c/asklemmy@lemmy.ml

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[-] corsicanguppy@lemmy.ca 1 points 9 months ago

My dear friend asked me to loan him money for a car. I can't do it.

I co-signed on his car loan, so he used my credit but couldn't shirk the payments or he'd be ruined further too. Worked out well.

[-] InEnduringGrowStrong@sh.itjust.works 2 points 9 months ago

If they do make the payments that's fine. IF.
Ultimately, as a cosigner it's your debt as much as theirs.

this post was submitted on 21 Dec 2023

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