Author Topic: Co sign a lease  (Read 1804 times)

Offline Zalmy2

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Co sign a lease
« on: December 27, 2012, 10:43:18 PM »
Can I lose or gain anything by co signing a lease for my friend?

Offline bubbles

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Co sign a lease
« Reply #1 on: December 27, 2012, 10:44:22 PM »
You can lose a bunch of money...

Offline myb821

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Re: Co sign a lease
« Reply #2 on: December 27, 2012, 10:44:34 PM »
Can I lose or gain anything by co signing a lease for my friend?
yes if he stops paying it is on u

Offline myb821

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Re: Co sign a lease
« Reply #3 on: December 27, 2012, 10:44:48 PM »
You can lose a bunch of money...
And/or your credit

Offline Lou Bob

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Re: Co sign a lease
« Reply #4 on: December 27, 2012, 10:45:23 PM »
Can I lose or gain anything by co signing a lease for my friend?
if he doesn't pay, and ur not notified, ur in real trouble.
Just sayin
Edit:u both beat me to it :)
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Offline robi

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Re: Co sign a lease
« Reply #5 on: December 27, 2012, 10:47:55 PM »
Can I lose or gain anything by co signing a lease for my friend?
you can gain by building your credit if he/she makes the payments on time. Also note that it'll show as debt on your credit report
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Offline Saver2000

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Re: Co sign a lease
« Reply #6 on: December 27, 2012, 10:52:01 PM »
Can I lose or gain anything by co signing a lease for my friend?
If you're looking to get scared off, read this.
http://forums.dansdeals.com/index.php?topic=22446.msg348514#msg348514

Offline Zalmy2

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Re: Re: Co sign a lease
« Reply #7 on: December 27, 2012, 10:53:16 PM »
yes if he stops paying it is on u
can I make that the bill should come to me and I should pay it?  Like this im sure hes never late on a payment. hell pay me back every month. And if he doesn't pay me can i take away the car from him and take ir for my self?

Offline Lou Bob

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Re: Co sign a lease
« Reply #8 on: December 27, 2012, 10:55:16 PM »
can I make that the bill should come to me and I should pay it?  Like this im sure hes never late on a payment. hell pay me back every month. And if he doesn't pay me can i take away the car from him and take ir for my self?
if its also under ur name, and ur paying, then ye
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Offline Zalmy2

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Re: Re: Co sign a lease
« Reply #9 on: December 27, 2012, 10:56:57 PM »
if its also under ur name, and ur paying, then prob.
thanks ton guys for the fast response!