If you co sign for a friends credit card, what is the danger to you if your friend fails to play?

If you co-sign for a friends credit card and they fail to pay it will damage your credit history and lower your credit score.

When you co-sign for someone it will negatively affect your credit it they do not pay as they should. This is going to lower your credit score. With a lower credit score, it will be more difficult for you to get credit for things like buying a car or a house. When you do get a loan, the interest rate will be higher than what is charged for someone with good credit.

answer; rapid growth in buyer demand and high buyer switching cost;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.