<prompt> Human: I am applying for a student loan for me to finish school but I need my aunt to cosign the loan. I plan on PAYING off the loan quickly because it is small. She is concerned about if she cosigns, it will hurt her chances of getting a car loan. Will it hurt her chances if she just cosigns but does not have to pay it back?  <response>: If she co-signs, as far as bank is concerned, she does have to pay it back. Depending on the amount, that may or may not hurt her chances of getting a car loan, but co-signing is generally a bad idea. Id only do it for my kids, and even in that case, it would only be for the amount that I am comfortable paying off myself. 