Should You Co-Sign That Loan?

http://blog.credit.com/2012/11/should-you-co-sign-that-loan/

 

 

 

 

Family bonds are strong. Most of us would do anything for family. So during family time this season, you might have a sibling pull you aside and quietly but politely ask you if you would co-sign a loan for them.

It puts you in an awkward position. Should you take on the loan? You might not want to co-sign anything but they are family, and their circumstances might be dire, so maybe you feel like you have no choice.

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