this post was submitted on 21 Dec 2023
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[โ€“] corsicanguppy@lemmy.ca 1 points 11 months ago (1 children)

My dear friend asked me to loan him money for a car. I can't do it.

I co-signed on his car loan, so he used my credit but couldn't shirk the payments or he'd be ruined further too. Worked out well.

If they do make the payments that's fine. IF.
Ultimately, as a cosigner it's your debt as much as theirs.