LibraryScenariosWhen cosigning for your adult child destroys your financial security
Scenario

When cosigning for your adult child destroys your financial security

I cosigned my daughter's student loans five years ago and she stopped making payments and now my credit is ruined and she acts like it is not her problem.

Rabia
Online
The coach is replying

More people experience this than they realize.

What we've seen

Trust extended in good faith becomes the mechanism of one's own undoing when love is not matched by responsibility.

Ideas that help explain it
Worth thinking about

“Where Are You with Adult relationships with adult children?”

If this sounds familiar, the Library can help you find the bigger picture.