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I've lent money to family. I have always considered it a gift; if I get it back, thats great, but if I don't, it isn't a loss, it's a gift.
Co-sign is another story. If you co-sign, be prepared to make payments yourself just in case they default. If they make a late payment, that goes on your credit report.
I co-signed for a car, for a family member..... for 7 years I had to live with a 30-day late on my report.
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"A good sense of humor is the best thing to have in your toolbox when working on these cars."
Quote by Charles Freeborn, Pelican.
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