Categoría:cosign

Stepdad refuses to cosign on his stepdaughter’s apartment after she bought a car with her boyfriend of 2 months: ‘She is a single mom to a 3-year-old girl, and she’s terrible with money.’

Publicado el por Categorías:boyfriend, car, cosign, debt, family, loan, parenting, single mom, stepdad, stepdaughter

His wife is addicted to enabling her adult children and allowing them to continue to make poor decisions. Being financially stable often comes down to avoiding the dumbest possible decisions with your money. It can be difficult to know what a dumb financial decision is because dumb financial decisions are so normalized. The population at …
Seguir leyendo Stepdad refuses to cosign on his stepdaughter’s apartment after she bought a car with her boyfriend of 2 months: ‘She is a single mom to a 3-year-old girl, and she’s terrible with money.’

48-year-old mother forces 18-year-old son into co-signing the mortgage on the house she’s buying with her boyfriend, using money meant for her son’s college fund: ‘My dad gave me 1k for school and she’s using it for the down payment’

Publicado el por Categorías:boyfriend, buying a house, buying a new home, cosign, cosigning, family, family drama, home, house, mom, mortgage, mother, parents, Reddit, reddit story, reddit thread, son

18-year-olds should not be financially responsible for their parents’ mortgage under any circumstances. There’s a big difference between an 18-year-old helping their parents pay their rent and putting an 18-year-old’s name on a mortgage that they’ll be responsible for for years. A lease typically only lasts a year or two, so hypothetically, a young person …
Seguir leyendo 48-year-old mother forces 18-year-old son into co-signing the mortgage on the house she’s buying with her boyfriend, using money meant for her son’s college fund: ‘My dad gave me 1k for school and she’s using it for the down payment’