Would you consider loaning money to?

[bored1]

If your son or daughter were living with their bf or gf and came to you to borrow money or co-sign a loan for a car or house to be shared would you do it? Or would you prefer that they be married before you committed to such an arrangment?

 

[christophe]

I am married and have no money! My wife takes it all!

I have notta

 

[Calamity Jane]

If I had the money to give, I'd give it to 'em. I'd much rather they were happy and driving safe cars/living in a safe neighborhood than that they got married because I expected them to.

 

[VanB]

If I had the money to give, I'd give it to 'em. I'd much rather they were happy and driving safe cars/living in a safe neighborhood than that they got married because I expected them to.

What she said

Twice over

 

[ExLimey]

Being married shouldn't be the main consideration, being able to repay the loan should be. I've talked to too many people who've suffered financial hardship because they co-signed for loans for their kids who couldn't or wouldn't make the payments.

Depending on how old they are, needing you to co-sign could be a red flag that they can't afford it.

 

[roxie]

Whenever I have needed money, my parents have been there. I know they will always (well maybe not always) be there if I need them. Regardless of whether I was in a relationship or not.
It was my mother, who paid my for my bus ticket and that of my SO's to come home from Oklahoma before we were married. Hell, they had never even met him! Mom had talked to him on the phone a few times but that was it. They accepted him into their home as one of their own. I couldn't have asked for better parents. Not that they don't get on my nerves and that I haven't ever wished that I was an orphan.
But they really are good parents, they were there for me when the rest of my family wouldn't even talk to me. And actually as of a year or so ago, it is I who support them. It was the least I could do.






*edited to correct my spelling

 

[Weird Harold]

If your son or daughter were living with their bf or gf and came to you to borrow money or co-sign a loan for a car or house to be shared would you do it?

Not only would, but have.

 

[sch00lteacher]

Like pagancowgirl said, if I have it to spare, it is theirs. Their my kids forever, doesn't change if they walk out the door.

I might take into consideration what it is for, sure. I might or might now ask for a contract, depends again, on what it is for. I'm a teacher, I am not wealthy, can't just throw money away.

I mean if they want money to go on vacation to Vegas, then they are signing a contract saying how much and when they are going to pay it back. I watch too much Judge Judy.

If they need food or shelter, it isn't going to be a loan, it will be a gift. Here.

 

[Drifter014]

Without guestion. If my son and his girlfriend needed money to buy a car, house or whatever, i would give them whatever i could at the time, my in-laws did it for me before they were actually in-laws and it helped me out alot at the time.

 

[sabbathstorm]

If I had the money, I'd definitely give it to my son or daughter for a car or a house. My mother is really good about helping me out financially when I need it so I'd be the same way. Being married wouldn't really be a factor if they needed help.

 

[alltherage]

I would never make marriage a condition for helping my kids. I have doubts about the entire concept of marriage, I won't push it on my kids.