Loaning money to friends or family doesn’t help — it complicates everything. When you become their lender, it changes the relationship. If you want to help and can afford it, give — don’t loan. And make sure it’s a gift with no strings attached. 💸 | Ramsey Solutions
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Just like loaning money to a friend or relative, cosigning a loan isn’t a good idea. It’s a request for big-time trouble. So, if the bank denies your friend or family member from getting a loan because they think they aren't likely to repay, don’t you think there’s a pretty good chance the bank is right? Spoiler: They are, and that means you need to tell them no. Because when they don't make their payments (shocker), you’ll be on the hook for them, and your credit will be affected.😬 | Ramsey So
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63K views · 1.1K reactions | Big thank you to Tanner Holmes for hanging out with us yesterday and giving out some free Dirt Cup tickets, oh yeah and washing the KarMART pace truck too! Thanks for loaning him Carly, sorry he wasn’t washing his race car  Wade Aunger talking some smack about James McFadden Racing | Skagit Speedway | Facebook
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