If she can't afford the payments on a 20k car, then she won't be able to afford the full coverage on insurance, so if she's in a accident and it's her fault the loan isn't covered and your now paying on a car thats worth nothing!
I co signed for a buddy, told him to buy a cheaper truck and if he missed 1 payment the entire truck gets signed over to me.... he paid it off early...
yes, the loan was on my credit till it was paid off...
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