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https://3wayfunding.com/how-to-get-business-credit-cards,
http://www.businesscreditamerica.com/,
1-888-883-3013
Should I Co-sign A loan, credit card, or Apartment for a
Family member?
If you’re a parent then I suggest to add your kids on your
credit accounts as authorize user. This
will build up their credit, so you as the parent will not need to co-sign for
their student loans, cars, and apartments.
Now, if you have a family member or love one that having
credit issues and they ask if you would sign for them a car, credit card, or apartment,
then I would suggest you not to do it.
The reason is that it could ruin the relationship. For example, if a family needs to move into a
new apartment and they ask you to co-sign and you decide to do it. If that person loses his or her job, then you’ll
be stuck with making the payments or ruining your personal credit and the
relationship.
I always suggest if a person is having credit issues offer
to help them repair their personal credit, if they refuse, then you know that
person is not the one to be offering help too.
Some may argue that you should look at how financially responsible the
person is in order to determine if it’s worth you putting your good personal
credit on the line. However, you must
factor in that things could happen to the person or their employment and that
may leave you on the hook for extra bills.
So, in conclusion, I would suggest find other ways to help
them, rather reserve the relationship then jeopardize personal credit if the
person is not will to fix their own credit.
