Co-signing for a loan

United States
December 27, 2006 8:03am CST
Has anyone one been "bitten" by co-signing for a loan etc. for a loved one,best friend. I know I have and it hurts.
1 person likes this
3 responses
• United States
24 Jan 07
I had co signed a home for my daughter and her husband. Well, she walked out on him, and told me too bad. I was lucky that he continued to pay the loan. I won't do it again.
1 person likes this
• United States
24 Jan 07
THANK YOU for ALL your responses. You know how it feels and my son-in-law paid for a while but has also stopped. Never again!
@Lakota12 (42684)
• United States
27 Dec 06
no I havent .But, my ex son in law got ahold of credit card no. some how for we had a business together and he charged a down payment for a new truck on it and I dont know what all before we found out and then the card company wouldnt take charges off when we called them. I paid off what we owed and told card company to find him to get the rest.
1 person likes this
@gabs8513 (48715)
• United Kingdom
27 Dec 06
I am sorry to hear that and I think that is awful if I had a friend who could help me out right now in the situation I am in I would not throw it back in their Face I think it is awful when that happens I am so sorry that has happened to you
1 person likes this