Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Texas Eagle

My advice for everyone.If you co-sign on a loan for your kids or anyone get a tern life insurance policy for the amount of the loan on that person.


14 posted on 08/06/2014 6:57:51 AM PDT by painter ( Isaiah: “Woe to those who call evil good and good evil,")
[ Post Reply | Private Reply | To 4 | View Replies ]


To: painter

Excellent advice.


15 posted on 08/06/2014 6:58:26 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: painter
If you co-sign on a loan for your kids or anyone get a tern life insurance policy for the amount of the loan on that person.

Good advice. I just co-signed a car loan for my 25YO son. It's a good thing I like the car; I told him the first time he's late with a payment, it's my car, and he'll have to take public transit to get to work.

26 posted on 08/06/2014 7:05:20 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Mississippi!)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: painter
My advice for everyone.If you co-sign on a loan for your kids or anyone get a tern life insurance policy for the amount of the loan on that person.

It's astonishing how many people don't know this.

Another symptom of the government bailout mentality.

52 posted on 08/06/2014 7:30:33 AM PDT by Repealthe17thAmendment
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson