TopHot
GF co-signed a car loan w/o knowing the consequences, now deep underwater, is there anyway out?
GF co-signed a car loan w/o knowing the consequences, now deep underwater, is there anyway out? TLDR: My GF co-signed two car loans with her mom at 19, not realizing the risks. The negative equity from her old truck was rolled into her mom’s loan, but GF is the primary borrower. Now, mom has stopped making payments, owing $45K on a car worth $18K, and is drowning in other debt. We can’t afford to take over payments, and GF is considering b...
Category:
