Do No Co-Sign A Loan

By -

Saw this video -  don't co-sign a loan. 

Agreed 100%. There is a reason the borrower doesn't qualify to borrow the money for the loan.  That reason is, the person will not repay the loan! Hence the need to get a co-borrower.  If you are the co-borrower, just know that you will have to pay the entire thing back. 

Yes? There are exceptions.  Exceptions prove the rule. 


Comments

  1. AnonymousJanuary 24, 2023 at 2:22 PM

    The only loans I have co-signed were to purchase a vehicle for my kids, knowing that I would actually be the one making the payments. This was done to help the kids start getting a good credit rating for themselves so that at some point they would be able to get a loan on their own, or even to rent an apartment when they moved out.

    ReplyDelete

Post a Comment

Your comment will be displayed after approval.
Approval depends on what you say and how you say it.

Popular posts from this blog

One Week After

By -
Image
Exactly one week ago to the moment, a martyr was made. Charlie Kirk was shot for his beliefs in Christ and in the Conservative way of life. This news has dominated the headlines for the past week, and rightly so. Charlie was a man of conviction. He was bold enough to debate, yet stay civil. And while there is most certainly a time and a place for a precise shot from a marksman, this was not it. The assassin was a coward, plain and simple.  By "cutting out Charlie's tongue," the assassin did not prove Charlie a liar. He proved that he feared what Charlie had to say. I got to meet Charlie, and have some interaction with him. And when someone I love and/or admire passes, I like to think about the good things. The fun memories. And that is what this is: a fun memory.  On Sunday, October 25, 2020, Charlie came to my hometown and spoke at my church at the time. It's funny in retrospect: the Facebook event states that 450 or so people responded to the event on that platform...
Read more

This Will Trigger The Weak

By -
Image
Seen on Social Media: Your Wife Is Your First Daughter—Treat Her Like a Baby, Or She’ll Break Your Home Let’s scatter the woke table: Your wife is not your equal. She’s not your therapist. And she’s definitely not your homeboy. She’s your first daughter—emotionally, mentally, and psychologically. And the moment you start expecting her to “reason like a man” or “carry half the weight,” you’ve already lost. The modern man is confused. He's told to be vulnerable, yet punished when he shows weakness. Told to be “emotionally available,” yet abandoned when he starts crying like a choirboy. Let’s get this straight: Women were designed to be nurtured. Not negotiated with. Let’s break it down like a real father would. — 1. Every Woman Is a Grown Baby Looking for Emotional Security She’ll talk tough. She’ll claim she’s independent. But when the bills land or the pressure hits? She’s curled up in your arms, needing your shoulder—and your wallet. Why? Because biologically, her system runs on h...
Read more

A Few Updates on an Older Post

By -
This post to serve as an update on a post that is over 10 years old. The Rifleman has a strong memory (from time to time). On that post, a reader asked, "Any word? How did the remand hearing go?" For reasons that are not pertinent to this post, the Rifleman did not neglect to answer this question, but instead, postponed the answer until a more appropriate time. This time has come.  In the remand, it is important to first state a particular fact: The judge that issued the ruling, Tom Gray, retired shortly after his errant ruling. As a matter of fact, four of his last five rulings (the author's brother's ruling being one of these) were overturned in appellate courts. Divorce ruling appeal successful . In a move that still strikes this author as exceptionally odd, Gray  requested to be the judge on the remand hearing. Brother's lawyer argued that it is extremely peculiar to allow a civilian to hear a divorce remand, and the Sumner county Court agreed, and the sittin...
Read more