is it bad to cosign for someone before you purchase a car
If someone ever asks you to co-sign on their vehicle loan, you might want to stop and consider how this could affect you. Acting as a co-signer on a car loan for someone with bad credit comes with many strings attached, so it is critical to understand the facts before signing your name on the papers.If you are thinking of co-signing for a car loan for someone, you will be responsible for the loan.f someone ever asks you to co-sign on their vehicle loan, you might want to stop and consider how this could affect you. Acting as a co-signer on a car loan for someone with bad credit comes with many strings attached, so it is critical to understand the facts before signing your name on the papers.