Interactive Workbook: Before You Co-Sign on a Loan
These workbook questions were curated by Suze Orman. The goal is to go deeper into the lesson and further your understanding. Your answers are private, no one else can see them.
Note: When you're done adding your entry, click 'Save' below. You will be able to edit your workbook at any point.
Why is the person coming to you to co-sign?
What happens if they default on the loan?
How will you feel if this friend or family member sticks you with the loan?
Can you afford to take on the loan in case this happens?
If you can't afford to pay the loan,
Can you co-sign the loan?