Comments on: Cosigning For A Loan Is Asking For Trouble http://ownthedollar.com/2010/07/cosigning-for-a-loan-is-asking-for-trouble/ Own the dollar....don't let the dollar own you. Tue, 01 May 2012 14:22:12 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jennahttp://ownthedollar.com/2010/07/cosigning-for-a-loan-is-asking-for-trouble/#comment-22793 Jenna Thu, 15 Jul 2010 21:40:52 +0000 http://ownthedollar.com/?p=4359#comment-22793 But having the opportunity to help a family member be successful is a good feeling. But having the opportunity to help a family member be successful is a good feeling.

]]> By: Hank Colemanhttp://ownthedollar.com/2010/07/cosigning-for-a-loan-is-asking-for-trouble/#comment-22792 Hank Coleman Thu, 15 Jul 2010 20:06:05 +0000 http://ownthedollar.com/?p=4359#comment-22792 Jenna - I understand your point. But, like I said in the article, having a child or parent or spouse owe you money with the expectation that they have to pay it back will change the dynamic of your relationship. Will they stop calling? Will they stop coming over if they are going to be late with the payment this month? It is a slippery slope to go down. Giving the money as a gift if possible would be much better than cosigning a loan. Jenna –

I understand your point. But, like I said in the article, having a child or parent or spouse owe you money with the expectation that they have to pay it back will change the dynamic of your relationship. Will they stop calling? Will they stop coming over if they are going to be late with the payment this month? It is a slippery slope to go down. Giving the money as a gift if possible would be much better than cosigning a loan.

]]> By: Jennahttp://ownthedollar.com/2010/07/cosigning-for-a-loan-is-asking-for-trouble/#comment-22791 Jenna Thu, 15 Jul 2010 20:01:47 +0000 http://ownthedollar.com/?p=4359#comment-22791 I think as long as that person is responsible and in your family it should be okay, spouses, parents, children of older parents, etc. But friends and girl/boy friends - that is trouble. I think as long as that person is responsible and in your family it should be okay, spouses, parents, children of older parents, etc. But friends and girl/boy friends – that is trouble.

]]> By: Tweets that mention Cosigning For A Loan Is Asking For Trouble -- Topsy.comhttp://ownthedollar.com/2010/07/cosigning-for-a-loan-is-asking-for-trouble/#comment-22788 Tweets that mention Cosigning For A Loan Is Asking For Trouble -- Topsy.com Thu, 15 Jul 2010 13:07:41 +0000 http://ownthedollar.com/?p=4359#comment-22788 [...] This post was mentioned on Twitter by Own The Dollar, Elle. Elle said: RT @ownthedollar: New blog post: Cosigning For A Loan Is Asking For Trouble http://ow.ly/2bPhD [...] [...] This post was mentioned on Twitter by Own The Dollar, Elle. Elle said: RT @ownthedollar: New blog post: Cosigning For A Loan Is Asking For Trouble http://ow.ly/2bPhD [...]

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