Is It Appropriate To Co-Sign For A Rental Agreement?
As one famous British band put it, there's no shame in "getting a little help from a friend." Several factors can prevent you from getting the home of your dreams. A co-signer can help get a foot in the door for someone rejected for a home loan application. It would help if you didn't quit apartment hunting right now. There should be an answer. As John and Paul said, let it be. Should you agree to co-sign the lease for a friend or family member who needs help paying the monthly payment? Of course, you'll want to help a friend or family member in need, but if you're considering formally securing their lease, you must proceed cautiously.