isowforA co-signer is when someone signs, along with you, for some form of loan or credit card.
For one reason or another, banks may think lending money or issuing a credit card to you is shady so you’ll need a parent or someone with good credit to cosign for you.
Let us know if you’ve used a co-signer before in the comments below!
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- rowan082413The importance of excellent and not over extending yourself with credit should be discussed often once your kids are in high school. Teach them how to build their credit and be responsible with it (even if you're not). Also If people are fortunate enough to have someone help them out (co-sign) they should be grateful and pay that loan on time! Don't be a jerk and default!!! I sold cars for almost twenty years and it was heartbreaking when someone who really needed a car and could finally afford to make the payments couldn't get the loan on the exact car they wanted because of credit, no co-signer etc.
- kulagyappAwesome IG profile
- needtshirtsnowHey @isowfor I trust all is well. Just stopping by to give some love. Make sure to stay rockin out !!
- foodfit2fuelyum 😋
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