Hutchinson: Think carefully before cosigning a loan
Randy Hutchinson
Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.
Cosigning for a child with no credit record to buy a first car may be a good decision; cosigning a credit card for a delinquent brother-in-law not so much.
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