I’m currently renting with two roommates, but my best friend is moving to my state and will be renting an apartment. I plan to spend 7-10 days a month there, and she’s happy for me to stay. Adding me to her lease would help her credit score, but I’m concerned about the responsibilities involved. Although I’m not worried about her paying rent, I’m unsure if co-signing is a good idea since I have my own rental obligations. What do you think?
lol no
This is a horrible idea. If her family won’t co-sign, then neither should you.
Read her lease; it often clarifies what constitutes a guest by length of stay.
Financially, it’s a bad idea. If she doesn’t pay, the landlord can pursue you for the full rent.
Thanks for your input! I trust my friend completely; she’s always handled her finances well.