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should i feel bad about asking my aunt to cosign?

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Old Aug 26, 2003 | 05:12 AM
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Default should i feel bad about asking my aunt to cosign?

so i want the wrx and can't get a loan by myself. i make 1500/mo before taxes and made an average of over 800/mo on with my computer service (1500 of which was made this month). im relatively certain that she'd cosign for me but i feel kinda bad about asking her although she's already told me she'd be willing to help me out with anything i need. i know i can make the payments, my credit just isn't good enough to get something w/o a cosigner and im pretty sure since its a carloan it'd be better since if i dont make payments they just take the car and not other shit like with a signature loan.

any suggestions?
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Old Aug 26, 2003 | 05:16 AM
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ibnewbieswhorethisshitup
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Old Aug 26, 2003 | 05:57 AM
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Worst case scenario.. if they do take the car.. yours and her credit will be royally effed. Repos stay on for seven years and are looked on as a serious discrepency.

If you think you can make it.. and won't eff around.. go for it... but if there's a doubt.. don't.. cause it's not just your credit that would be screwed up.
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Old Aug 26, 2003 | 05:59 AM
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i wouldn't be considering if i thought i'd have problems making payments.
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Old Aug 26, 2003 | 06:01 AM
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Default Re: should i feel bad about asking my aunt to cosign?

Originally posted by spankaveli
im pretty sure since its a carloan it'd be better since if i dont make payments they just take the car and not other shit like with a signature loan.

Originally posted by spankaveli
i wouldn't be considering if i thought i'd have problems making payments.


I know.. I was just saying that it's very bad if they take the car.
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Old Aug 26, 2003 | 06:06 AM
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i was acknowledging your response in agreement
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Old Aug 26, 2003 | 06:09 AM
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I'd just wait a bit more to put a good downpayment to where you are comfortable enough to pay the monthly payments. I'm looking into a 6 speed 2 door also btw
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Old Aug 26, 2003 | 06:09 AM
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Okay.. so we agree on agreeing then.
:exnbp:

If you can do it.. go for it.... It builds your credit up in the process..
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Old Aug 26, 2003 | 06:09 AM
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Originally posted by EriksShadow
:exnbp:
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Old Aug 26, 2003 | 06:13 AM
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^ :chuckles:
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