if you aint doing nothing with your credit in the future, like getting a house or something that could effect you then don't, but if you dont got nothing like that then it can help you as long as you know she can be trusted.
moms wants me to cosign on a new car loan, what should i do?
- Thread starter Huellz Santana
- Start date
Field Marshall Bradley
Veteran
Give her about 3 stacks if you got it......If she get behind on her payments, just catch them back up.......But I wouldn't sign for her, especially if you got some business ventures planned and you need A-1 credit to get it poppin.......
If you sign for her, make sure you can afford those car payments for however many years are left on the contract....
Just hope that she doesn't let you pay the rest of the notes with over 3 years left on the deal.....
If you sign for her, make sure you can afford those car payments for however many years are left on the contract....
Just hope that she doesn't let you pay the rest of the notes with over 3 years left on the deal.....
BlvdBrawler
Superstar
Yea, but... it's mom tho. I agree co-signing is a bad idea but I'd feel like a shytstain if I just told ma "Co-sign?
." That's fukked up.If it were dad tho,
.
Field Marshall Bradley
Veteran
Nah. Only a selfish mother would cut her kid off cause he wouldn't co sign on a car....What if you got a family depending on you?...My own Grandmother and Grandfather told me to never co-sign for anyone unless I could afford it myself......
Yea, but... it's mom tho. I agree co-signing is a bad idea but I'd feel like a shytstain if I just told ma "Co-sign?
If it were dad tho,
I'm not saying don't feel bad, but a bad idea is a bad idea. I don't care who it is. I wouldn't assist my mom in making a bad financial decision.
Bigen King
All Star
alot of the same nikkahs who on here talkin all that shyt about not co-signing a loan for momma duke's be the same nikkahs who would co-sign a car loan for some random skeeza
BlvdBrawler
Superstar
Field Marshall Bradley
Veteran
alot of the same nikkahs who on here talkin all that shyt about not co-signing a loan for momma duke's be the same nikkahs who would co-sign a car loan for some random skeeza
If I didn't have the money to buy her a car out right and she didn't have the money, then yes I would. I'll help her save and put towards the purchase of a car in cash but it wouldn't be smart for either of us to enter an unstable financial situation. Wise decisions won't always make everyone happy.You'd have ma riding the bus???
the artist known az
Hail the victors
alot of the same nikkahs who on here talkin all that shyt about not co-signing a loan for momma duke's be the same nikkahs who would co-sign a car loan for some random skeeza
i net youll do it for your wife though.
Field Marshall Bradley
Veteran
Totally different situation
Poh SIti Dawn
Staying Positive, Getting Better Everyday. Holler!
I wouldn't do it, but then again my mom would never do something like that. I'm assuming you're in your mid 20's or so. Just suggest that she get a used car.
Again, what if it were drugs she wanted? Are you supposed to accommodate stupidity and reckless decision making in the name of love? It's not love to assist someone in making a bad decision, especially when you're potentially putting yourself in jeopardy.
Still shouldn't do it, but that's a completely different situation. Shared life, household, income and finances. A new car for the wife or husband means the shared fiances are going towards the payment. If the wife needs the husband to cosign, she's buying a car that she can't afford and they need to look at a different option that will be best for the household.
