When is it a Good Idea to Cosign on a Car?

Cosigning a car loan can be a big deal. It's often done without a lot of thought or understanding. If a person cosigns for you, they are assuming responsibility for your debt. If you sign for someone else's car, you are assuming responsibility for their debt.

It may seem like a small thing, but cosigning for a car can come with serious consequences. In this video, I walk you through everything you need to know about cosigning for a car.

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