At some point, you may be asked by someone you know to help them get a loan by co-signing for them. Because you want to help them out, you may not hesitate to jump right into it and sign that dotted line. But before you do, there are a few things to consider like what it will mean for your current financial situation, your credit history and even your relationship.
In this tip you'll gain some insight into what you should take into account before agreeing to co-sign another person's loan.
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View episode transcript.
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