My mother and father in-law have been cosigners on my brother-in-law’s loans for college and they were denied for the last semester. They asked my wife if we would cosign and she said no.
Does this go against the RCC teaching on charity? We are a young married couple who are trying to start a family and save for a house and for future children. My brother-in-law has a lot in outstanding loans and doesn’t even work (not even in the summer…literally all summer).
Now, they found another family member to cosign, but should I feel guilty about this?