As a note to anyone reading this- never give up the "right" (the car, the house, the whatever) without giving up the "responsibility" (the promise to pay). You lose the power, and find yourself in deep financial doo-doo.
I'll add to that Jo...I would never, ever co-sign for someone. NO ONE. I'll loan money. I'll give money. But NEVER co-sign. Your credit is the most valuable thing you own!
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