Managing money is hard enough without taking on someone else’s financial burdens.
So, what would you do if a family member with a history of reckless spending asked you to co-sign on a car loan? Would you risk your credit for the sake of that person? Or would you consider your future and refuse?
In the following story, one sibling finds themselves in this exact situation with their brother. Here’s how it all played out.
I recently received a text from my older brother simply asking, “Do you have good credit?”
When I replied to him and answered that I did, he proceeded to ask me to be a co-signer on the car. Another Mercedes. He has wasted so much money on different cars over the years and has put himself into…
