Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
Re: Never co-sign a loan. Never, ever ever.

FrugalRican wrote:

drkaje wrote:

haulingthescoreup wrote:

drkaje wrote:
I'd call back and say "I only cosigned for a 60 month loan". If she renegotiated terms or something else you should have been notified, IMO.

OK, I do like this one. Don't know if it will be successful, but it makes sense. It appears that she renegotiated the terms of the contract, and you weren't notified. Wouldn't that invalidate your liability?


Definitely worth following up on, IMO. With an endless, uncrackable smile and earnest good will. Bring mini Baby Ruths and Snickers bars for the tellers. Smiley Happy Make it easy for them to back down, especially if their attorneys start clearing their throats.  Smiley Wink

I'd show up with coffee and a smile.


That close to the finish line (of credit repair); I'd ask for a copy of the 72 month loan application.


If all else fails, I'd politely ask who their "contact person was for legal stuff, like documentation" so they feel a lawyer is calling.

Holy heck, this.

OMG do this... awesome strategy Smiley Happy  +500....


There is nothing like using fear to get what you want.

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!

Take the myFICO Fitness Challenge