✉news BusinessPersonal Finance first seen 12 h ago, last 1 h ago, peak #21
Dave Ramsey team urges wife to end in-laws' co-signing damage
Original: 'Co-Signing: It's Only There Because the Bank Knows That Person Cannot Pay': Ramsey Show to Wife Whose In-Laws Are Destroying Her Husband's Credit
On The Ramsey Show, hosts advised a caller whose in-laws' co-signed loans are wrecking her husband's credit, telling her bluntly that co-signing exists only because the bank doubts the borrower can repay. The exchange has drawn attention as a cautionary example of how family lending entanglements can harm credit and relationships.
Why now: Families often face pressure to co-sign loans, and the blunt advice taps into widespread debate over setting financial boundaries with relatives.
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