WebJun 27, 2024 · Cosigner. As long as you meet the requirements, you can certainly cosign a car loan for your boyfriend or girlfriend. However, you can’t just walk away from the … WebJun 20, 2024 · If you cosigned on a car for a boyfriend or girlfriend and broke up, removing yourself from the loan could turn out to be complicated, unless you’ve thought things through. If you’ve recently found yourself without a vehicle and are looking to start over …
How to Ask Someone to Cosign a Loan - The Motley Fool
WebTL;DR: Boyfriend assumed I'd cosign his car loan or lease. When i refused, he took that as a sign that I didn't want a future with him, and he broke up with me. Should I have considered being his co-signer? EDIT: Thank you everyone for your responses. I feel convinced now more than ever that I did the right thing by refusing to be a cosigner. WebApr 11, 2024 · There are four ways to relieve a co-signer from a loan’s liability: Refinance the loan in one name only. Sell the item secured by the loan and use the proceeds from the sale to retire the loan. File for chapter 7 bankruptcy. If your signature was forged on the loan application, file a lawsuit against the borrower and ask the court for relief. cherry pie filling asda
Getting Your Name Off a Cosigned Loan - Investopedia
WebSep 23, 2024 · Let's say you borrow $15,000 to purchase a used car. Before the cosigner adds their name to the loan contract, buy a small life insurance policy that is payable to them in the event of your death ... WebJan 16, 2012 · It causes sticky situations when a boyfriend and girlfriend cosign then break up later. If the person defaults, you must start making monthly payments for a car you … WebFeb 19, 2015 · Jean had a question about a car loan that he was the co-signer on with his girlfriend, they later broke up and now she’s behind on the payments. Jean wanted to know what his current options are. cherry pie filling and cake mix recipe