My brother wants my mum to be his guarantor in buying a new car. Everyone surrounding include my dad tell my mum not to because they don't want my mum fall into a trap. My brother has cheated mum a lot and he makes ppl lose faith toward his word and everything. Sigh!! What should i do to help mum? My mum really doesn't know what to decide cause if she help she might get herself into trouble but if she don't she's afraid that my brother will go for the lone shark. Some more, my brother is the only son in the family. Chinese says "Sou zang shi rou, sou bei ye shi rou!!" Sigh!! What do you think my mum should do??
2006-10-18 01:53:55 · 10 answers · asked by Steph 2 in Family & Relationships ➔ Family
The toughest help a mum can do sometimes is not to help and encourage him to get a job or second job and save the necessary money. Too many times my friends kids have not appreciated the help and just abuse it
This is a case of tough Love
2006-10-18 01:59:04 · answer #1 · answered by Violet Blue 3 · 0⤊ 0⤋
Well you certainly don't have to puke as the other answer suggests....some people huh?
Anyway, if I've learned anything in my 43 years it would be that family usually doesn't pay you back. So if your Mum is to be the guarantor she's probably going to end up paying for the whole thing. Or at least most of it. I don't know your brother, so I could be wrong, but the odds are against your Mum getting her money back. If there's another way your brother can obtain the vehicle then he should take that avenue and leave your Mum out of it....
Just my opinion...
Good luck....It's sweet that you care about your Mum.! !
2006-10-18 02:02:13 · answer #2 · answered by Sweetea 4 · 0⤊ 0⤋
Been there done that! Tell mum it's not a good investment. Most times the liability falls on the co signer. He'll default on the loan and your mum will have to pay for it. It will put a bad mark on her credit if he misses one payment. I would advise against her doing this.
2006-10-18 02:07:19 · answer #3 · answered by Alterfemego 7 · 0⤊ 0⤋
Mum needs to grow a backbone. Tell your brother to get a job and save his money for a car. He can pay cash and not have to take out a loan.
2006-10-18 02:02:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
To be a guarantor is generally a bad idea. It should be done only under exceptional circumstances and buying something that can wait is NOT one of the exceptional circumstances!
2006-10-18 01:58:44 · answer #5 · answered by Tom Cat 4 · 0⤊ 0⤋
She should not. Even if he IS going to be thrown to the loan sharks. If he has lied and cheated before, he will do it again.
2006-10-18 01:59:25 · answer #6 · answered by Lisa X 1 · 0⤊ 0⤋
Throw him to the sharks!
2006-10-18 01:56:23 · answer #7 · answered by rebecca_sld 4 · 0⤊ 0⤋
im not sure what to tell you. if it were my son i would help him out but if hes trying to trick your mum then...i dont know. sorry i couldnt be more of help.
2006-10-18 01:58:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
YOUR mum should say no. BUT she has her own mind too
2006-10-18 01:56:05 · answer #9 · answered by Anonymous · 0⤊ 0⤋
puke
2006-10-18 01:55:55 · answer #10 · answered by chronic_master_bater 1 · 0⤊ 0⤋