<prompt> Human: Back in May, I applied myself but was turned down. I want to consolidate all of my credit cards into one payment that has a definite end and is less than my current payments. I am responsible enough and have learned to stay away from my credit cards mostly got out of hand while away, not working at school. I just want to pay them all off and never deal with these outrageous balances again. I want to ask a family member that has already done so much for me to co-sign for the loan, but I am not sure if it would affect them at all. Would co-signing a loan affect them in any way that is negative? I know things get bad if I mess up on payments, but I wouldnt do that. Ive never had late payments or missed any.  <response>: Would co-signing a loan affect them in any way that is negative? Yes, this account would appear on their report just like if they borrowed the money themselves. If they want to get another loan for a car or home, for instance that debt will be considered and may limit the amount they are able to borrow. All of the history for the loan will also appear, meaning that if you ever pay late, it will impact their reportscore. 