“In general, a family member is the best candidate for a cosigner. This is because of your ties to them.
In most cases, you wouldn’t want to hurt the credit
or trust of a family member. You don’t want to hurt a friend either, but if you have a falling out with your friend, you may become apathetic and default on the loan.
The basic rule is that the closer the family member, the better the cosigner. If you can avoid having friends cosign, it will take a ton of stress off the relationship so you can just do what you do best: remain friends.
After your loan is approved, you need to make sure your new car
is adequately protected.
Using a smart comparison tool makes shopping for car insurance easy. The free Jerry
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