Federal Trade Commission Protecting America's Consumers ... What would you do if a friend or relative asked you to cosign a loan? ... You are being asked to guarantee this debt. Think carefully before you do. If the borrower does not pay the debt, you will have to. Be sure you can afford to pay if you have to, and that you...
www.ftc.gov/bcp/edu/pubs/consumer/credit/cre06.shtm www.ftc.gov/bcp/edu/pubs/consumer/credit/cre06.shtm
Co-signing - Wikipedia, the free encyclopedia
The act of co-signing involves a promise to pay another person's debt arising out of contract if that person fails to do so. Many realtors and landlords require a cosigner for college students, peop...
en.wikipedia.org/wiki/Co-signing
What Should I Consider Before Co-signing a Loan? ... The bottom line is that you should treat co-signing a loan as if you were borrowing the money yourself, because when push comes to shove, that's exactly what you're doing.
financialplan.about.com/cs/personalfinance/a/CosigningL... financialplan.about.com/cs/personalfinance/a/CosigningLoans.htm
For those of you who are toying with helping out a partner, parent, sibling or child, don't do it by co-signing a note. Adding your name to someone else's debt is a very serious financial step.
articles.moneycentral.msn.com/Banking/YourCreditRating/... articles.moneycentral.msn.com/Banking/YourCreditRating/WhyYouShouldNeverCoSignALoan.aspx
So your nephew wants you to co-sign a loan? Says he'll make all the payments and it won't cost you a dime. Better think about it. Co-signing a loan could put your own credit at risk. Pat Curry. ... "The main thing they need to understand is that they are signing that loan for a reason," Naramore says. "If the loan goes...
www.bankrate.com/brm/news/advice/20020927a.asp www.bankrate.com/brm/news/advice/20020927a.asp
What would you do if a friend or relative asked you to co-sign a loan? It is easy enough to say "yes," but your signature means a lot more than a "vote of confidence" in a friend or relative. Co-signing is serious business.
www.21tsc.army.mil/Aerja/LegalAssist/Areas-Economic/cos... www.21tsc.army.mil/Aerja/LegalAssist/Areas-Economic/cosign1.htm
Co signing homes loan can help you get a better deal, but can also cause some financial trouble down the line. Follow these steps to make sure it is a good idea to get a mortgage cosign. ... Co signing a home loan is a serious matter that should not be entered into lightly. Essentially, when you are co signing home loans you...
www.managingyourcredit.com/cosigning-mortgage.html www.managingyourcredit.com/cosigning-mortgage.html
Co-signing a loan can certainly affect your credit score and your ability to borrow money, even if the loan is always paid on time. ... Make sure you're getting the same documents as the person you're co-signing for, and require the borrower to provide you with proof of payment each month or give you access to the...
www.kiplinger.com/columns/ask/archive/2007/q0222.htm www.kiplinger.com/columns/ask/archive/2007/q0222.htm
June Walbert, a financial planner with USAA, a financial-services company based in San Antonio that specializes in helping U.S. servicemen and their families, said someone thinking about co-signing a loan should find out why the borrower needs a co-signer in the first place.
www.azstarnet.com/business/101930 www.azstarnet.com/business/101930
Have you ever considered a request to co-sign a loan for a relative or even a good friend? Well, if you have been approached, you need to think twice about saying yes. Agreeing to co ... By signing you accept responsibility if the other co-signer defaults. ... Ask yourself these questions before signing on the signature line:
www.ces.ncsu.edu/alamance/newsletters/Evelyn/money/01/l... www.ces.ncsu.edu/alamance/newsletters/Evelyn/money/01/loans.html
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