Comments on: Consider Carefully Before Co-signing http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/?&owa_medium=feed&owa_sid= Save Money @ BeingFrugal.Net Wed, 01 Feb 2012 18:52:59 -0800 hourly 1 http://wordpress.org/?v=3.3.1 By: kristin http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-28387 kristin Sun, 20 Mar 2011 17:25:53 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-28387 Im almost 29y and I consider myself to be a responseable daughter to my parents. They co-signed an apartment for me 2 years ago and I was never late on a payment. Unfortunetly I live paycheck to paycheck. There is really no way to save money. My credit is horrible due to me being a teenager with a credit card my stupidity. I recently got a better job (payes better) Im slowly moving on up. I decided to move to a better town, but slightly higher housing. I asked my mom to co-sign for me again she said she would but wanted to know... If she co-signed and I still pay my rent on time (no late payments). Can she get a loan for a car if she needed one!?! How does her co-signing effect her credit if my payments are in good standing??? Please help Im almost 29y and I consider myself to be a responseable daughter to my parents. They co-signed an apartment for me 2 years ago and I was never late on a payment. Unfortunetly I live paycheck to paycheck. There is really no way to save money. My credit is horrible due to me being a teenager with a credit card my stupidity. I recently got a better job (payes better) Im slowly moving on up. I decided to move to a better town, but slightly higher housing. I asked my mom to co-sign for me again she said she would but wanted to know… If she co-signed and I still pay my rent on time (no late payments). Can she get a loan for a car if she needed one!?! How does her co-signing effect her credit if my payments are in good standing??? Please help

]]> By: gino panino http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-26157 gino panino Sun, 29 Aug 2010 17:25:41 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-26157 amazing post amazing post

]]> By: Jospeh Ryckman http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25158 Jospeh Ryckman Mon, 28 Jun 2010 18:33:59 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25158 very intresting write up now to further my research very intresting write up now to further my research

]]> By: Kurt Tindell http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25131 Kurt Tindell Fri, 25 Jun 2010 17:03:56 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25131 Impressive Blog here on the finance sector. I love reading blogs that have to do with business and finance, so thank you for keeping us up to date with your blog! Ill be coming back! Impressive Blog here on the finance sector. I love reading blogs that have to do with business and finance, so thank you for keeping us up to date with your blog! Ill be coming back!

]]> By: Carroll B. Merriman http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25088 Carroll B. Merriman Wed, 23 Jun 2010 19:52:34 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-25088 Wow I have read your article and by the way I found you website on Yahoo and I think after I read particularpost on you website especially this one I have my own comment about what should I comment on the next conversation with my girl friend, maybe tomorrow I will tell my friendsabout this one and get debate. Wow I have read your article and by the way I found you website on Yahoo and I think after I read particularpost on you website especially this one I have my own comment about what should I comment on the next conversation with my girl friend, maybe tomorrow I will tell my friendsabout this one and get debate.

]]> By: collegegal http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-10189 collegegal Mon, 14 Jul 2008 21:57:06 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-10189 Sometimes you have to standback and look at the situation if you have a 25+ child/sibling who has had their cars repoed and evictions and just is not responsible then say NO but if you have a responsible NEW adult who just doesn't have enough credit history or rental history but have shown you that they wouldn't just flake on you then I dont think that there is any thing wrong with co- signing for a responsible young adult who has shown that they respect you enough to not screw up your credit I know that I would never screw up my parents credit... I would find a way to make payments no matter what... a roomate not paying... loosing a job.. anything because I have that respect for my parents. Unfortunatly they do not understand that. So I had to find another place to stay and the places that you do not have to have a co signer are usually bug invested... far away... and just yuck!!! So I sugest if you feel like your kids respect you enough to not ruin your credit (it is all you have) you should give them a chance and sign Sometimes you have to standback and look at the situation if you have a 25+ child/sibling who has had their cars repoed and evictions and just is not responsible then say NO but if you have a responsible NEW adult who just doesn’t have enough credit history or rental history but have shown you that they wouldn’t just flake on you then I dont think that there is any thing wrong with co- signing for a responsible young adult who has shown that they respect you enough to not screw up your credit I know that I would never screw up my parents credit… I would find a way to make payments no matter what… a roomate not paying… loosing a job.. anything because I have that respect for my parents. Unfortunatly they do not understand that. So I had to find another place to stay and the places that you do not have to have a co signer are usually bug invested… far away… and just yuck!!! So I sugest if you feel like your kids respect you enough to not ruin your credit (it is all you have) you should give them a chance and sign

]]> By: The Friday Gathering for 10/19/2007 | Gather Little By Little http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-1101 The Friday Gathering for 10/19/2007 | Gather Little By Little Sat, 20 Oct 2007 02:16:28 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-1101 [...] Being Frugal talks about things she’s learned about money by not having alot of it and tells us not to co-sign a loan. [...]

[...] Being Frugal talks about things she’s learned about money by not having alot of it and tells us not to co-sign a loan. [...]

]]> By: Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-995 Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy Mon, 15 Oct 2007 11:36:45 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-995 [...] Consider Carefully Before Co-signing @ Being Frugal — I co-signed once, and I will never do it again. I could’ve sleep better investing in the stock market during a bear market. [...]

[...] Consider Carefully Before Co-signing @ Being Frugal — I co-signed once, and I will never do it again. I could’ve sleep better investing in the stock market during a bear market. [...]

]]> By: The Roundup - House is Getting Closer Edition : A Penny Closer http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-988 The Roundup - House is Getting Closer Edition : A Penny Closer Sun, 14 Oct 2007 20:30:30 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-988 [...] @ BeingFrugal wrote about the dangers of co-signing for loans . I had a friend who got caught by this when she co-signed for a car for her then boyfriend. It [...]

[...] @ BeingFrugal wrote about the dangers of co-signing for loans . I had a friend who got caught by this when she co-signed for a car for her then boyfriend. It [...]

]]> By: Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-987 Moolanomy weekly roundup #12: “Hello Readers” edition | Moolanomy Sun, 14 Oct 2007 14:02:26 +0000 http://beingfrugal.net/2007/10/12/consider-carefully-before-co-signing/#comment-987 [...] Consider Carefully Before Co-signing @ Being Frugal — I co-signed once, and I will never do it again. I could’ve sleep better investing in the stock market during a bear market. [...]

[...] Consider Carefully Before Co-signing @ Being Frugal — I co-signed once, and I will never do it again. I could’ve sleep better investing in the stock market during a bear market. [...]

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