The study, conducted by LeaseTrader.com, found that the number of parents needing a child to co-sign on a lease for them has increased 28.9 percent since 2008. While this trend may seem counterintuitive (historically, children turn to their parents for financial help as opposed to the other way around), areas that typically have a high number of leases - like Florida and southern California - have seen the number of middle-aged parents seeking help from their kids to repair their credit increase at the greatest rate.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com