Cosigning for a car with my gf

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MetalMat

MetalMat

Diamond Member
Jun 14, 2004
9,687
36
91
My gf is looking at a newer car, to get the loan at a decent rate she needs a cosigner. I dont think her parents will, and since we are not married or engaged I dont want to do it either. She assures me that if I ever needed to I could force the payments on her if we broke up, and she would sign I contract from my saying I could sue her if she ever stopped making payments.

I still dont want to and she knows I do not, but she does need a newer car since her car sucks right now. Without me cosigning the loan would be at probably 20% APR or something crazy cause she has a bankruptcy on her record.

Edit: Thanks for making me come to my senses, we talked about it for a little while and I said no. Thanks again for the help atot :beer:
 
mugs

mugs

Lifer
Apr 29, 2003
48,920
46
91
No.

You think she'd care about screwing up your credit if you broke up?
 
OrByte

OrByte

Diamond Member
Jul 21, 2000
9,303
144
106
hell no,

edit: IF you dont have the sack to tell her no then tell her your mom and dad wont let you do it.
 
L

Looney

Lifer
Jun 13, 2000
21,938
5
0
If her parents won't do it, and that's assuming there's unconditional love, then HELL NO.
 
F

Farang

Lifer
Jul 7, 2003
10,913
3
0
No.

She can save up some money and buy an older car. Trust me, breaking up with a girl you live with is a pain in the ass enough, I can't imagine what crap you'd be dealing with. Do not put your credit on the line for this girl.

No no no no no. No. God no. Please... for the sake of the children. No.

No.

edit: You are an idiot for even having to ask this question in the first place.. but I didn't feel the need to say that until I read she has a bankruptcy on her record and you're still thinking about it. When you two break up, come back to this thread and read this reply. You'll nod your head in agreement.. "I was an idiot.."
 
D

dirtboy

Diamond Member
Oct 9, 1999
6,745
1
81
When you break up and she stops paying the loan, are you going to be happy paying her car payment in order to save your credit? I didn't think so. Don't offer and if she asks, say no.
 
Oceandevi

Oceandevi

Diamond Member
Jan 20, 2006
3,085
1
0
Originally posted by: MetalMat
My gf is looking at a newer car, to get the loan at a decent rate she needs a cosigner. I dont think her parents will, and since we are not married or engaged I dont want to do it either. She assures me that if I ever needed to I could force the payments on her if we broke up, and she would sign I contract from my saying I could sue her if she ever stopped making payments.

I still dont want to and she knows I do not, but she does need a newer car since her car sucks right now. Without me cosigning the loan would be at probably 20% APR or something crazy cause she has a bankruptcy on her record.
Click to expand...

If you really love her and she gives you anal for it, then go for it.
 
G

George P Burdell

Lifer
Aug 25, 2004
11,151
1
81
BAD: Girlfriend whose parents don't trust her enough to cosign
WORSE: Said girlfriend is bankrupt
WORST: You're still thinking about helping her out

BAHAHAHAHAHAHAHAHAHA!

If she really loved you she wouldn't put you in this spot. Get real, man.

How long have you two been together? How expensive a car are we talking about?

Even if you decide to throw out your few remaining IQ points out the window and go through with this, buy the car in your name only. Make her pay you every month. That way, if she bails on you, you can sell the car and cut your losses.
 
S

SsupernovaE

Golden Member
Dec 12, 2006
1,128
0
76
Go ahead, it will be entertaining in a few months when you come back screaming how your credit is f'd.
 
3chordcharlie

3chordcharlie

Diamond Member
Mar 30, 2004
9,859
1
81
Originally posted by: Oceandevi
Originally posted by: MetalMat
My gf is looking at a newer car, to get the loan at a decent rate she needs a cosigner. I dont think her parents will, and since we are not married or engaged I dont want to do it either. She assures me that if I ever needed to I could force the payments on her if we broke up, and she would sign I contract from my saying I could sue her if she ever stopped making payments.

I still dont want to and she knows I do not, but she does need a newer car since her car sucks right now. Without me cosigning the loan would be at probably 20% APR or something crazy cause she has a bankruptcy on her record.
Click to expand...

If you really love her and she gives you anal for it, then go for it.
Click to expand...
He can get anal for much less than the price of a car.
 
JEDI

JEDI

Lifer
Sep 25, 2001
29,391
2,738
126
Originally posted by: MetalMat
My gf is looking at a newer car, to get the loan at a decent rate she needs a cosigner. I dont think her parents will, and since we are not married or engaged I dont want to do it either. She assures me that if I ever needed to I could force the payments on her if we broke up, and she would sign I contract from my saying I could sue her if she ever stopped making payments.

I still dont want to and she knows I do not, but she does need a newer car since her car sucks right now. Without me cosigning the loan would be at probably 20% APR or something crazy cause she has a bankruptcy on her record.

Edit: Thanks for making me come to my senses, we talked about it for a little while and I said no. Thanks again for the help atot :beer:
Click to expand...

dont Cosin!
 
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