How to Get Out of a Bad Co-signing Situation
Most co-signing arrangements come out of a place of at least partial kindness. Someone is looking for a loan or an apartment and their credit score is just too low to qualify. While it may be easy to say, “Too bad – work on improving your credit score,” that work takes time. And when it comes to things like housing or transportation (in the case of a car loan), there’s usually no time to spare.
Read more...