Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTLaura GrandeSat, June 27, 2026 at 2:00 PM GMT+2 7 min readBernatets Photo/ShutterstockIt's fairly common for people to ask a family member to co-sign a loan, but a parent asking an adult child who just graduated from college for such help is a different story.Imagine Becky, a 23-year-old whose parents recently asked her to co-sign a $50,000 personal loan. Becky's parents hope the loan will allow them to consolidate credit card balances carrying interest rates between 25% and 35%. They told her they can't qualify for a favorable rate on their own, despite earning a combined income of roughly $90,000.Must ReadJeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — here are 5 ways to build wealth like a landlord without actually being oneRobert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this 'explosion'Millionaires under 43 hold only 25% of their wealth in stocks.