While it’s a nice thing to do for someone, it can land YOU in deep financial problems if they are unable to pay. And it will can also impact your credit score. But no matter how sincere they seem or how much begging they do. You need to remember a few things! For detailed guide about cosigning read http://www.newhorizon.org/credit-info/to-cosign-or-not-to-cosign/ _______________ Looking for bad credit personal loans? Apply here http://www.newhorizon.org/Info/personaloans.htm

1. To Cosign
or NOT to Cosign?
www.newhorizon.org

2. That is a VERY
serious question
you need to ask
yourself!

3. While it’s a nice thing to
do for someone, it can
land YOU in deep
financial problems if
they are unable to pay.

4. It will also impact
your credit score.

5. But no matter how sincere they seem
or how much begging they do.
You need to remember a few things!

6. Consider the risk.
- Ask yourself, why do they need a co-signer? If they are
irresponsible, then just don’t do it.
- If it’s a child looking for help building credit…..be cautious.
- Could your credit survive an 110+ credit score point drop?

7. Take a close look at your personal finances
- Never co-sign if you can’t afford to step in and pay.
- To be prepared, review the state of your personal finances and
anticipate costs you may eventually incur, as a co-signer.

8. For detailed guide about cosigning read
http://www.newhorizon.org/credit-info/to-cosign-or-not-to-cosign/