Tag Archives: co-signed
- I Cosigned on My Son’s Car Loan. Now They Want Me to Pay. – Ellen
“Dear Steve, I got behond on my cerit cards and signed up for careone. its been going great till now. I am in a credit counsiling program with careone which is going great till recently ive got a call that my son lost his car I co-signed for and they are now wanting to put [...]
- Debt and Separation. – Darlene
Been separated for over 1 year, before i found out he was cheating and spending loads of money that he didn’t have, I had incorporated all his debt into the mortgage on our house , I only had 3000.00 left to pay on the house. The house is in my name only, as he did [...]
- I Co-Signed a Sallie Mae School Tuition Loan for a Friend But They Say They Can’t Pay. – Vincent
Hi, i co-signed a school tuition loan from sallie mae about 10 yrs ago for then a close family friend. I recently applied for an apartment and found out he didnt pay anything and it destroyed my credit. This person has a personal buisness and a BMW and only crys poverty when I beg him [...]
- I Guaranteed a Loan for Another Business. Will They Come After Me? – Vernal
“Dear Steve, Self-employed, Signed on some loans for another person’s business, that person is not paying. Now they are coming after me and have put a lien on my property. And another loan, they got a judgement and zeroed out our bank accounts, have no money. everyone is coming after me. I own 2 pieces [...]
- Will My Friend that Cosigned for My Motorcycle Be Stuck With My Debt When I Go Bankrupt? – Tommy
Tommy “Dear Steve, Currently have two accounts opened with Honda Card Services, financed through GE. On one of the cards I was charged for a motorcycle which later got stolen (No gap, no insurance), and the other card was used for maintenance of the bike (oil changes, etc). Both cards were co-signed with one of [...]
- My Husband Cosigned for His Mothers Jeep. Guess What? She Defaulted. – Erin
Erin “Dear Steve, OK, here goes. My husband co-signed for his mom on a jeep in 2002 (he was 20). His mom then neglected on the payments and filed bankruptcy in 2005 (not sure weather 7 or 13). The car was repossessed without any contact to my husband (who no longer lived at home) to [...]
- My Father Cosigned for Our Truck. He Doesn’t Know He Owes the Debt. – Jami
“Dear Steve, Hi. We have run into quite a bit of problems. It has been one thing after the other, and some rather bad choices. In 2004, we had a car with a small payment. Only $284 per month. My husband decided that he would like a van for our family since we have 4 [...]
- I Don’t Want The Car In My Driveway, I Can’t Afford, to be Repossessed or Effect My Credit. – Brandy
Brandy “Dear Steve, I signed a car loan for an ex, now he is not paying…What do I do next? In November 2008 my boyfriend of 3 years and I went to a auto dealer. We traded in both are vehicles for a 2005 Jeep Liberty (for him) and a 2004 Nissan Murano (for me). [...]
- My Dad Cosigned for My Car Lease I Can No Longer Afford. What Should I Do? – Annilette
Annilette “Dear Steve, My situation is that i lost my job couple of months ago. I had just moved and I have a car that I leased 2 years ago but havent made payments on it for 3months now. my dad is the co-signer and I didn’t mean to hurt his credit, but my dad [...]
- I Put a Friends Car in My Name That Cost $67,000. – Anita
Anita “Dear Steve, I’m about 20K in credit card debt. I owe about 142K still on my home. I put a friends car in my name that cost 67K (I’m still not sure how that loan went through). My income is about 43K. I’m struggling!!! I can’t get a consolidation loan because I have more [...]