With the holidays, I have been reflecting at how far I have come.There was a time where I had to avoid parties and gatherings because I would be faced with too much “flooding” — fatigue, migraines, aphasia, and much more.The borrower in this case is then known as the accommodated party.
The most common reason a surety is required is when a lender is not satisfied that the borrower has sufficient financial resources or credit history to pay back a debt.
For instance, if a borrower seeks a mortgage, but is determined to be too much of a credit risk, the financing company may require an accommodation party to become a co-signer before approving the loan.
The benefit mostly comes from knowing that the party has helped a friend, relative, or associate secure financing.
The risk is inherent because the surety would not be required to participate in the transaction if the borrower had adequate resources or credit to begin with.
My inability to attend parties and gatherings began putting a lot of strain on my relationships.
Over time, I noticed that certain accommodations made it so much easier for me at a party.The financial obligation may be personal, such as a car loan.Business transactions, such as corporate borrowing, also may necessitate third party involvement in securing the funds.I was then able to attend longer and more frequently. Many survivors can’t drive — I was one of them for a couple years. Not to mention the survivor could experience sensory overload with all the conversations, foods, lights and different surroundings from the party.I thought I would share a few tips that really helped me in hopes of helping someone else. Even if they can usually drive, it may be harder to see or cognitively function after they leave.Be courteous; they’ve been through a lot to be here! It’s great because everyone can help out, but it isn’t always easy for a survivor to cook.