Never co-sign for someone else’s debt — here’s the real math on why.

When you co-sign a loan (a car, a credit card, anything), the full payment shows up on YOUR credit report as YOUR debt. A $700/month co-signed car payment can reduce your home buying power by roughly $100,000.

And it gets worse: one late payment from them tanks your credit score. If they stop paying altogether, you’re legally responsible for the entire balance — for the life of the loan.

In this video, I break down:

✅ How co-signed debt hits your DTI (debt-to-income ratio)
✅ Why lenders count the full payment against you, not just “half”
✅ What happens to your credit if the other person misses a payment
✅ Why this matters most if you’re planning to buy a home in the next few years

If you’re thinking about buying a home soon, do not co-sign for anything. Watch to find out why.

📲 Have questions about your specific situation? Reach out — I’m Kevin Brierton, Your No Excuse Lender.

🔗 kevinbrierton.com

Kevin Brierton | Branch Manager, SVP, CMPS NMLS 599873