Frame Challenge: Trying to Solve the Wrong Problem
You are in need of money not in need of a co-signer for a loan. You have already exhausted your own credit worthiness, and cosigning on loans is a fast way to destroy relationships that could have been useful for moral support and encouragement while getting through a difficult time.
Alternatives
In this scenario going further into debt will only snowball the compounding damage of interest making the long term situation worse. As such you need solutions that do not add to the existing debt problem.
Local Community Services and Charity
There are charities, churches, non profit organizations, local government services, and more that seek to help people who are struggling with various situations. For those in legitimate dire need they can step up and provide some small aid that can get one through a tough period. The services that are available can vary wildly from one location to the next (along with the process to access said services), so reaching out and connecting with people who volunteer or work in these areas can help discover other groups that can help, and they can help guide you through the various forms or websites you have to use to get it.
Financial Auditing
There are people who have plenty of income, but are not tracking their expenses which has resulted in them going into high levels of debt. There are many methods out there for tracking expenses and auditing one’s finances to figure out where the money is going and clamp it down to being within a budget. A solid budget can stop the debt hemorrhaging and get back onto solid footing.
Final Thoughts
What is your exit plan? If someone waved a wand and you had all the money you needed to meet your expenses for the next 6 months, what is your plan for after those 6 months are over? People and organizations will only offer so much aid and help before cutting one off. Before that happens it is critical to have some kind of actionable plan to get into a sustainable financial situation and use what limited time you have to implement it.
