When you co-sign on a loan, you’re telling the lender that you will pay the loan if the main borrower does not. The penalties for failing to keep the loan up to date can include a hit to your credit, the loan going into collections, and a possible court judgment...
Month: March 2019
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When do you need a trust?
An important part of estate planning is deciding exactly what to include in your estate and how to go about leaving your assets to your heirs. One option is a trust, which Charles Schwab explains is an agreement about asset distribution that can usually prevent the...