I Co-Signed for Him, and Then We Broke Up

[@javaskull88]

If a bank won’t lend him the money, why should anyone else? Don’t co-sign!

[@gardenofe12]

IKR 🙄🙄

[@hitekcountry]

Exactly my attitude, although I learned that lesson the hard way.

[@Bubbles99718]

They probably would lend him the money, just at insane rates though

[@deirdrekiely6187]

Women in love are often stupid.

[@marcrose3403]

⁠at 60, no money saved n nothing in retirement. Then decided to co sign for a 43 years old

[@linuxsurfer2002]

I have never, and will never, co-sign for anyone, not even family. I might help out with a gift, but I'm not putting my name on a loan for someone. The fact that they can't qualify on their own is all the red flag anyone should ever need.

[@RandalC-hy5ke]

👎🏿

[@vturner]

yup! Gifts only

[@ThinhNguyen-wt8kw]

Never ever co-sign anything for anybody, including your family members . It will be a biggest mistake of your life.

[@loriej9297]

This is so sad. Never try to buy someone's affection because you're lonely. That isn't love. That's just you allowing yourself to be used.

[@sophia8405]

He used her😢

[@drn13355]

It isn't sad. She is a grown lady and she voluntarily did it. It was stupid. Not sad.

[@Sheryl777]

@@drn13355 It's sad to some of us that she had such a low opinion of herself to try to buy someone's affection in the first place. Very sad!

[@Person-mh6xq]

Your point is well taken, except for the word lonely. When someone is in love and in a relationship they want " to do" for their significant other. It's not a matter of lonely.

[@Bubbles99718]

The car is sorta understandable but the bike..... Yikes

[@defiantlypinki1107]

My Aunt and my mom co-signed my student loans. Once I graduated pharmacy school, I made sure to start working and paying on it ASAP.

[@RoquitaJohnson]

Same. My grandmother co signed a student loan. I started paying it off as soon as I graduated (no 6 month break).

[@luisfernando5998]

Don’t u can cheat them and become rich

[@shachede6828]

Student loan is different from car, student loan is almost an investment that pay time and time again

[@SuckerPunch92]

@@shachede6828not really. A car you can give back. Student loans are with you until they are paid in full.

[@VBoo459]

I made this error before as well. I co-signed a loan for my ex (it was under duress and I felt I couldn’t escape the signing nor the relationship), he was horrible with money, a gambler, a drug addict and never kept a job (even if I wrote the application for him). When we finally broke up - he told me we’d be forever linked by that loan (I even had forgotten about it!). So I reported him for financial and emotional abuse. I then called the bank and told them that they did not carry out their due diligence to review whether I was emotionally adequate to co-sign and I gave them reference of my police report. They immediately apologised to me and removed me from the loan.

[@kevinrtres]

This is only because the current culture allows women to be totally irresponsible and fully unaccountable so they let them get away with murder. Literally.

[@InternetUser._]

He sounds like a bum. Good riddance’

[@luisfernando5998]

Can I be ur new ex?

[@Jmc989]

Great call! We all do dumb. But we have to admit it, learn, and never do it again.

[@Bubbles99718]

Fortunately I learned this particular financial lesson vicariously through a friend when I was in my early 20's. 56 now. :)

[@jasonbabilonia3037]

Yes but not at 60 😮 she fell for the harley and the leather jacket smh

[@ccjdis]

Half owner of a $800k house and on baby step 1?????? Boyfriend wasn't the only mistake.

[@tsaunders4684]

You know most women are not good with money even after divorce settlement

[@bettysmith4527]

Her house wasn't worth 800k when they bought it, it's worth that now!! They owe 100K and some change on it!

[@QuinLIVE]

​@@bettysmith4527still makes no sense to be broke with 800k asset that you only owe 100k on

[@anndeecosita3586]

That’s the current value not what she and her husband bought it for.

[@luisfernando5998]

What about teenage step 1 ?

[@javaskull88]

People with a good heart must learn to exercise good judgment.

[@Sheryl777]

👍

[@bobjames6622]

Such people would do well to learn the old adage that no good deed EVER goes unpunished.

[@jh26pt2]

Helping somebody to buy something they otherwise can’t afford isn’t love.

[@catherinewilke5583]

Helped my boyfriend buy a nice used for 11k loan (car was more). He can pay me back whenever, I don’t need the money now. Yesterday, I told him I’ll forgive the loan in my will. Now we see if my life is worth more than 11k 😂

[@Sheryl777]

@jh26pt2 I think if you are buying someone food (occasionally) or for example warm clothes for wintertime, that there can be exceptions to your rule at times. I wouldn't say that a person should necessarily be buying food all the time for someone else, but we might be able to find a way for them to get food through some type of food bank, or clothes through a church, or whatever.

[@janhatcher6991]

never cosign for anyone no matter who they are family or friends or boyfriend

[@kbanghart]

LMAO only if you have no clue what you're doing and have no life

[@gbb82]

Twenty years ago my sister and her husband wanted to buy a car. The car dealer was a family friend. My brother in law was so excited about the car, and they asked me to co-sign the loan which I did. (I thought I was helping my sister). The next day while I was at work, I received a call from the loan officer at the bank. He said: “You have great credit, but have you seen your brother in laws credit? It’s a train wreck”. He asked me if I really wanted to co-sign the loan, I said no. He rejected the loan application. Years later, my brother in law called me to say the police was at his house with the repo company to repossess another car he had bought. I asked him when was the last time he made a payment on the car, he could not remember. My sister divorced him 15 years ago. I dodged a bullet.

[@happyhippo1710]

I agree and don't cosign for your spouse either! lol

[@kristy1653]

@@gbb82That car dealer friend sacrificed a sale and really did you a solid. Sounds like a good guy.

[@Bubbles99718]

​@gbb82 Lesson there is: do your own research. Should have vetted them yourself and made the decision off of that. You got lucky

[@kenofken9458]

If someone needs you to co-sign on a loan, it is because the lender has correctly assessed that the person has a 100% chance of defaulting on the loan.

[@danieljohnson4418]

100%? False.

[@AdrianMilanio]

@@danieljohnson4418be honest though if it looks like a red flag it probably is

[@kenofken9458]

If they didn't think it was far more likely than not, they wouldn't ask for a co-signer. Every single person I've ever known who co-signed for someone else's loan got screwed. All of them.

[@danieljohnson4418]

Far more likely does not equal 100%. Nonetheless, your point is well taken.

[@Bubbles99718]

​@kenofken9458 Really? I've co signed 3 times in my life. All went well AND on top of it I got the nice bump to my credit score. Thing is, don't go in blind. Never do it with someone whose life is a trainwreck. Also, sidenote, if the deal went south I was able to pay it off and would have sold the vehicles and come out even.

[@triplebbb291]

I would hand someone $10k cash as a gift before ever considering co-signing. That being said, people in desperate situations usually get wrapped up in this. So sad.

[@Bubbles99718]

Well, if the possible default is under 10k, why not then? But only then. If it goes south u can just pay it off. And if it goes well, then u helped out a friend. But yeah, co signing is always prickly

[@karissakline6765]

That or abusive situations like with my ex.

[@luisfernando5998]

Ok can u hand me the 10k then ?

[@luisfernando5998]

@@karissakline6765can I be ur new ex ?

[@CarnivoreStork]

Ok the end of the story is she lives in a $800,000 house almost paid off with 2 middle age sons. An ex-husband with whom she owns the house with, lives in the mother in law apt on premises. Mary is living in a soap Opera without the glamour.

[@mrsclayton1819]

😅

[@jasonrodgers9063]

She's 60 and he's 43?! He saw HER coming!

[@georgewagner7787]

I'm 62, maybe I should go get me a 45 year olf

[@bigshotadventur18]

​@@georgewagner7787get viagra aswel

[@PeaceBeStill-]

Exactly! Textbook romance scam 💔

[@UTP504]

Yep, absolutely took advantage of her, he knew she was desperate.

[@luisfernando5998]

@@georgewagner7787too late granny

[@T-CainesZR1]

60 with no money. Was sleeping with a 40 year old.. ouch..

[@TheFlyingZulu]

Oh god gross... I haven't watched this yet but yikes....

[@aaronnilestoussaint5672]

lol the fell for the classic delusion that younger men want older women

[@kbanghart]

​@@aaronnilestoussaint5672not a delusion for a lot of us, I love some older women

[@kbanghart]

​@@TheFlyingZuluwhat's wrong with that? 20 year difference and the youngest is 40 🤷

[@T-CainesZR1]

@kbanghart it's the situation. She paying for things he can't get by himself. Huge red flag. He must have been putting it down.

[@lkj0822g]

Caught me off guard here. First time I have heard that a co-signer could settle "their part" of the debt. I always thought that if the primary debt holder didn't pay, the co-signer was obligated to pay the entire debt. It might be worth the $200 or so for this caller to go talk to an attorney before she hangs her hat on what a talk show host tells her.

[@megalodon1726]

"Their part" might not be the best wording ... both are liable for the entire loan, but either individual can negotiate to pay $X to remove his or herself off the loan, where X is less than the full amount owed. That is also true if it was a loan without a co-signer.

[@M22Research]

Won’t work. The only reason the “bank” is willing to heavily discount the settlement is to make the problem go away. 50% of the discounted amount does NOT make the problem go away!

[@megalodon1726]

@@M22Research It's not about 50% of anything. It's about what it will take for the bank to agree to release her from the loan. If she offers to pay 20% in exchange for releasing her from the liability, they may accept that because the bank can get some or all of the other 80% from the other guy. But if she offered the 20% as a complete settlement they'd be less likely to accept that.

[@M22Research]

@@megalodon1726nope. The bank, likely VCI (Volkswagen Credit) in this case wants the loan closed, not half closed. Both signatories are 100% fully liable. Whatever VCI’s floor is, is what it is, not 50% of what it is.

[@leonoza7]

totally 100% agree , this is not something she will be able to do on her own , complexities of co signing and expecting a possible " injury settlement ' to many different elements than for dave just to have her do it on her own .. its not that ez .. at the very least get an 1 to 2 consultations from an attorney .. she admits she makes 61k a year .. 3 k in credit card debt ... shes not broke .. .. so yes she would be 'lying' depending on Washington state law .. her home situation . i.e homestead laws for home .. she may just be better off taking the hit of bad credit .. and dealing with no credit for 4-5 years.. ..but it all depends on after you talk to an attorney .. she may in a state where they cannot come after car debt , credit card debts , put leins on property or even garnish wages ... but she wont know until she pays a few hundred even 1 k for a few lawyers legal advice ... after all she makes 61k .. ..shes not broke

[@JohnBowl14690]

As a fake lawyer, I can give REAL lawyer advice. DON'T DO IT AGAIN. Thanks in advance. That will be $200.

[@ManyMannyMan]

Cheque is in the post

[@js53168]

BAHAHA

[@woodside4life]

The Monopoly money is on its way as we speak.

[@hadenanderson563]

I think you deserve more. I'm paying you $300

[@PInk77W1]

I got divorced and me and my ex owed no one anything. About 2yrs later at nite the phone rang. It was a bill collector for SEARS of all places. I asked when was this cc started ? He gave a date right after our divorce. I told him I was already divorced and have a nice nite and hanged up

[@TheJacali]

Haha you’re gonna do that and you go on a Sears spree? That’s hilarious 😂

[@budgiebirdy]

I would still be really concerned. That pretty much amounts to identity theft. Hopefully you pulled your credit report and put a stop on taking out any future credit in your name.

[@PInk77W1]

@@budgiebirdy no. I don’t borrow. I don’t believe in debt.

[@budgiebirdy]

@@PInk77W1 That doesn't mean that it still couldn't be used against you. If your ex is racking up debt using your info and giving you a bad record, it could affect possible future employment (some employers won't hire someone with a lot of defaults) or insurance premium rates.

[@PInk77W1]

@@budgiebirdy I got divorced in 1990. I’m 62 now. Haven’t talked to her in years. She’s married to someone else and I’m not worried about it. I’ve been retired For a couple of years.

[@Bethelgal42]

Ladies, can we stop giving husband benefits to people we aren't married to? Geez. This is what keep Judge Judy in business...

[@gmarie3053]

They’ll have babies with a random man, co-signing is light work 😭

[@nygreek743]

@@gmarie3053😂😂😂😂

[@kbanghart]

​@@gmarie3053and the man will skip like a usual deadbeat guy

[@handleyobusiness]

Then stop having out of wedlock kids as well. That also keeps Maury Povich in business.

[@georgewagner7787]

Do you know I thought I heard he died and they R STILL Playing his horrible show

[@jasonrodgers9063]

Her first sentence out of her mouth is "Hello, Happy New Year". Second sentence is- "I was an idiot". The rest of the call is spent confirming sentence #2.

[@consumerdebtchitchat]

UNDERRATED comment.

[@lhv569]

I really liked this video. I'm around Mary's age and the advice made her realize that she wasn't as stuck as she thought. And she seems to own her mistakes.

[@anthonya2349]

Sorry lady the 60/43 equation only works the other way around.

[@hornetguy9063]

So eager to point out that she divorced him. He wasn’t good enough for this queen apparently. Look! Younger men want to sleep with her! She’s still got it. Never mind that who men will enter a relationship with is an incredibly small subset of the women he would sleep with, and that he’s out the door the minute a younger woman becomes available. Slay gurl. (Sarcasm obv)

[@midlifecrisis7888]

My ex GF tried to pull this on my years ago, but I said Hells NAW!!!! Few months later we broke up.

[@workinonit9562]

60 and zero money is very sad! My hubby and I are 67 and 87 and have been everyday millionaires for several years, all the while never making over $80,000 per year and paying for our kids college education then giving them a down payment on their houses. How we did this is we lived BELOW our means and fixed everything we could ourselves, we are very frugal and very happy to be in the position we are in and happy for our kids. Good luck to this woman, it will be a struggle to get enough $$ to retire at a decent age.

[@John3.36]

Now a days with the cost of education that would be difficult to do

[@Elizabeth_lowkeyluxuries]

​@@John3.36indeed. College 20+ years ago was significantly cheaper.

[@RandalC-hy5ke]

Way to boast on this lady’s hard ship while your husband slaved to make you guys money while you sat on your big rear

[@Takar100]

I wouldn't ever co-sign. Only person I might do something for is my momma. And if I do something for her, I'm just buying it and giving it to her. Wife doesn't count. Same ownership.

[@chrissmith8469]

Story just kept getting better and betterv

[@handleyobusiness]

Been there before. Was an extreme dunb@ss and co-signed for a family member. I was lucky to talk down the remaining $16k debt to $4k. Paid off the debt, the family member and I are still enemies today, and I haven’t borrowed another cent on a vehicle since. 🙃😊

[@TheJacali]

Did you have to pay the 4?

[@jeffro221]

@@TheJacaliQuote from the comment..... "Paid off the debt,...... "

[@jennifer7843]

I co-signed for my brothers car years ago. Luckily he made all the payments and years later took my name off of it. He then ended up in a car wreck but used the insurance to buy a used car and eventually bought his own house. I wouldn't cosign again though.

[@rothbj1]

My Dad co-signed for my first car out of college. I paid it off per the loan agreement, but it was many years later that I realized what a big endorsement he was making…

[@Bluetreez]

I did this once and I highly recommend that no one ever ever make the same mistake. Kindness bites you in the rear sometimes.

[@deajonez90sbaby]

You only spend what your willing to loose.

[@thinkforyourself9334]

*lose

[@hitekcountry]

Co-sign on a loan any you WILL learn why you shouldn't ever Co-sign on a loan. I did it one time for a lifelong friend and you can guess the rest of the story. I'll never do it again.

[@bobjames6622]

I'm guessing that he/she is now an ex lifelong friend?

[@gilmendoza8092]

Neeevvvvverrrr co-sign if banks that lend money for a living won’t lend a person money what makes people think it’s a good idea

[@creolelady182]

agreed

[@robindouglas1144]

Exactly

[@Raec123]

My moto exactly. The bank runs credit and financials to determine risk of repayment; they have more resources and if they deny someone it’s probably for a reason. They want their money.

[@handleyobusiness]

💯

[@elizabethallen4353]

I hope she's learned not to co sign for ANYONE ever again. Wowza.

[@wallihaley5194]

I wonder why she can’t take him to small claims court for the settlement? Especially if he is indicted that he would pay her out of his settlement.

[@jeffro221]

She could, and if she wins, he won't pay a dime, and the court does nothing to help her collect. That is reality with small claims against and individual.

[@jer1776]

If a bank won't approve lending someone money, thats a sign you shouldnt either.

[@miketracy9256]

It is good for her to finally figure out that she was taken to cleaners. If a 43-year-old is broke, why would anyone co-sign and loan his more money. That was good but realistic advice from Dave, but will her credit score not take a hard hit?

[@rishitarora5432]

29k for a used Jetta! Hell, i should start selling cars to these people.

[@mbank3832]

another sad thing is no matter how many times stuff like this happening, there will always a sucker to be born

[@tombirmingham7354]

Great advice Dave, on all fronts!

[@mybdayis420]

I dont think the fact thats she’s 60 with no money is not circumstantial, its poor decision making and not bothering to educate yourself on finances.

[@pisicacutecat4869]

About 20 years ago I had one of my friends husband ask me if I wanted to co-sign for a house for them. I told him no way. In exchange he was going to finish our floors for free. I don't think so. It only cost us a couple of thousand dollars to finish the floors. He thought that that was a great great exchange. I think not!!

[@wongthong7]

Live and learn don’t repeated!

[@franziskani]

She is 60 and he is 43 .... there are some age gape relationships, and they hardly ever work out (not even if married). Normally I would find it sketchy if the man is the older partner (which is the much more common scenario). But let's be realistic most 43 your old men look after the 20 - 30 old ladies NOT the woman that could be his mother. He was taking advantage of her and the worst thing is that she says he has higher income than him.... How did she think he needed to have that car when he makes good money. Obviously he is bad with money or he could have afforded it (at his age no less). And she also had to co-sign for the bike (which is luckily paid off). He dumped the debt for is expensive toys on her and then dumped her ....

[@hornetguy9063]

Kind of a loaded take bro. It’s sketchy if a man dates a younger woman, but if he flips the script and dates older, he’s trying to take advantage?

[@anthonydavis6027]

Sad I've seen people cosign for a significant other only to be screwed. I tell them it's their fault, should be a lesson learned.

[@luthiify]

60k in Seattle is far too low of an income.

[@curiouscat3384]

She sounds foolish in love but very smart and strong so I hope she'll succeed with the Jetta debt.

[@budgiebirdy]

When I was a college student and desperately needed a car, my dad co-signed with me because they didn't think I had enough income to pay the loan by myself. I was still living at home and wouldn't have taken out a loan I didn't think I could pay back, but that's what they required. I never missed a payment and paid the loan off early, which wasn't easy since I was also paying for school. I feel the need to share this because everyone is saying to never co-sign for someone else. I think it depends on each individual situation and who you're co-signing for.

[@bobjames6622]

I spent 20 years in debt collection. When it comes to money, there is no such thing as morals and ethics. Anybody who stands as guarantor must be nuts.

[@budgiebirdy]

@@bobjames6622 Well, you definitely have a skewed perspective.

[@bobjames6622]

@@budgiebirdy If you'd spent 20 years as a debt collector, after which I spent 11 years on an anti-fraud unit, then you too would have a very jaundiced view of human nature. The vast majority of humans will rip your throat out for a percentage point. Hell, most of them will rip your throat out just for the fun of it if they think they won't get caught!

[@sammorreale3372]

Hey Mary! You really know how to pick em!

[@Project-Masculinity]

Love is (financially) blind… comes to mind…

[@NinaBobina4006]

PREACH MARY!

[@franziskani]

She has ONLY 60,000 in SEATTLE ! that is not a lot of money there !

[@joelplatt2651]

Telling you it’s an investment is how banks convince you to do something stupid

[@gbb82]

When I worked at Fidelity, this young lady called me to take an early withdrawal from her 401k to fix her boyfriend’s house.

[@mariannebrandon8891]

Are y’all allowed to dissuade people? If it wouldn’t get me fired I’d tell her don’t do it

[@gbb82]

@@mariannebrandon8891 No we were not allowed to tell her not to do it….Yes we can educate her on the tax penalty and the consequences of taking money out of retirement early, but not tell her if it’s a good or bad idea. In the end, I told her that the IRS rules state that it had to be her primary residence, not someone else’s.

[@Bubbles99718]

Can kinda understand the car but a motorcycle to co sign on? Need a car for work so... But the bike, yikes Tough lesson to learn. Fortunately I learned it 2nd hand from a friend who got burned this way when we were in our early 20's. One way to help a friend though, with credit, is make them an authorized user on a credit card of yours and then don't give them the card. They get bumped with your good credit score.

[@kayn2756]

😂😂😂😂😂 I dated a guy who tried to convince me to cosign him a box truck. That relationship was so over after that request.

[@analyticalchick3064]

He wasn't her boyfriend. It was a situationship.

[@jeffro221]

She did it because he looked good.

[@johnnastrom9400]

@@jeffro221 I doubt it.

[@thehungrywolf69]

This call is wild‼️🤯

[@barnabusdoyle4930]

Being able to get loans on a product that drops in value so quickly that 3 months after the purchase there is $7k more owned then the collateral is worth, is called a bad business model for car lenders.

[@ClassicCanoes]

She will be on the hook. He will not pay. Period

[@Jim_Curtis]

Chalk it up to the stupid tax, chica.

[@Kurtdog63]

Biblical. Never set yourself up to take on ANY TYPE OF LIABILITY for someone else.

[@Bubbles99718]

Talk about an inaccurate blanket statement. If u can cover the default and then sell the car at break even, why not help a friend? U just have to vet all of the situation correctly. Are they a trainwreck? Pass. Can u not afford the buy out? Pass. If they are not and I can, go for it. It's pretty simple math. And u help a friend.

[@Kurtdog63]

Good luck with that.... @@Bubbles99718

[@Kurtdog63]

Helping a friend is different than taking on their liability. @@Bubbles99718

[@CarnivoreStork]

“The 2024 Volkswagen Jetta spacious compact sedan. Pricing starts at $21,435” The ex-boyfriend owes $21,000 on a 2019 VW Jetta 🤦🏻‍♀️ What are people doing?

[@greggpurviance7252]

VW Jetta is junk. VW is junk

[@lot2196]

I know what you mean but those "Starts at" prices don't mean much. Most sell for a lot more than that advertised price. More than double in some cases.

[@Aki_Lesbrinco]

Starts at... If you've ever purchased anything, you know that you pay taxes on your purchases. On top of that there are some additional charges when you buy a car, like registration. Then you have the Starts at part. There are different trims. Have you ever bought a car or a house before?

[@CarnivoreStork]

@@Aki_Lesbrinco Several brand new cars and I’m in my 5th house...paid off.

[@angelpurcell3156]

Love watching and listening to you on Spotify ❤❤❤ you all help my husband and I tremendously....can't thank you enough

[@bobcantstandzyobitz9778]

A story as old as time. So it seems. I mean the cosigning, not the getting with a younger guy.

[@vanessab.6682]

Wow! This reminds me of my ex. Yes, he borrowed money, but he also wanted me to not even co-sign, or maybe co-sign, whatever the hell he wanted, he kept telling me, "Go to the dealership and buy a car, it will be under your name, but I will drive it and give you the payments". I said, "Actually, I have bad credit, so I can't do that". He said awhh what a crybaby. But I thought he can't even pay me the 100 dollars he borrowed and he thinks I am going to believe he is going to pay me the car payments?!!!

[@Jitterbug29]

George always be lookin fly 😎

[@jorgesalazar818]

Gay

[@setha360]

I had a second daite with a single mom, she asked me to help her pick out a car at a dealershaip and as a shade tree mechanic said fine, she come to find out hade bad credit and the finance salesman said just co-sign ,,,I laughed NOT

[@TheJacali]

Hahahaha holy crap was that her intention? For you to co-sign?

[@lloydlagera6621]

Over $29K left on the used Jetta payments. Another mistake she's not pointing out is that they got taken by the dealership.

[@markf.2050]

$29,000 owed on used 2019 Jetta? Was it gold plated?

[@Alessandro-ev9bj]

I was thinking the same 😂😂thing

[@JoeyNYSDnomad]

Honey, get a dog if your lonely.

[@Chromewarrior]

Should have stopped at “ I’m an idiot” ‘nuff said.

[@briandfallon74]

She voluntarily co-signed and made a legal promise to pay the debt. She needs to make Volkswagon whole and that’s it. Dave is wrong here -there is no “my part” of a cosigned debt - she owes 100% of what is owed - the best thing she can do is simply what she agreed to do - pay if he cant. Cosign doesnt stop when the vehicle leaves the lot - it starts

[@PInk77W1]

Why does she owe all if he signed too

[@briandfallon74]

@@PInk77W1 because she put her signature on it.

[@briandfallon74]

@jeffreyscott801 any debt collector worth their salt will determine she has equity in her home and it could be off to a civil court case for a judgment and attach a lien to her real property.

[@PInk77W1]

@@briandfallon74 yes and so did he

[@PInk77W1]

@@briandfallon74 I’m no expert But I thought he owes the money and If he dies or is unemployed or goes to prison then she owes the money. I have no loans out so I don’t know.

[@lisahinkofer2085]

Cher complex. Love that

[@Mark-qg2ud]

Wow, they actually let the caller finish talking for once!

[@MrLalasd]

Wow this got wilder at the end.

[@Pinkgirlyyyy]

I’m so glad I learned my lesson at an early age wow

[@currenteventsenthusiast9477]

Oooof.. owning 29K on a 2019 Jetta. Oooooof I wouldn’t even want to pay that much for a new one. 2021 car prices lol

[@matthewwilliams9200]

Bad idea to turn car in you should have had him give you the car. For you to sell

[@jasonjosephlee]

In life and in business we need to choose our partners wisely. A bad partner can bankrupt you. Very unfortunate situation to be in.

[@Mr_Fairdale]

"I'm 60 and He's 43." Mary, you just might be the mark.

[@johnnastrom9400]

Not sure what your point is. The guy was obviously a bum and just using her.

[@Mr_Fairdale]

@@johnnastrom9400 my point was that she's the mark. That's literally what I wrote. No hidden meaning there lol

[@anndeecosita3586]

@@johnnastrom9400Do you know what calling someone a mark means? It means someone who is a target for a scam. Con artists will say someone is an easy mark is they are naive or vulnerable.

[@tmi4507]

I’m sorry did she just say she was 60?

[@TrazimDollare1982]

George and Dave are a great Team👍

[@Jitterbug29]

Big Facts

[@alanmccarthy4004]

I like this lady!

[@DanielGarcia-zz9eg]

They can always ask, put it on the card. Hell nah

[@keelioness]

There’s no guarantee the bank is going to agree to that. She better be prepared to pay.

[@ElaineWood-f2t]

I was once asked to co-sign on a car loan by an acquaintance. I knew that this person had a job. This person swore up and down that they would absolutely make the payments on the vehicle. I politely but firmly declined. I was born at night, but it wasn't LAST night! There's no way under God's shining sun that I would EVER co-sign a loan for anyone who wasn't a blood relative, and they would have to give me a full rundown on their finances first!

[@blacksnk]

Mom somehow got a co-sign loan with my name. She didn’t pay it back. It went into collections for 5K. They came after me. I told them produce the documents with my signature. They kept billing me. Then they wanted 20 cent on the dollar. I told them to kick rocks. It was on my credit report for 7 years then it disappeared. She’s 60. She could roll the dice and weather through the debt.

[@carpediem6431]

Are you still in contact with your mother who stole from you through fraud?

[@blacksnk]

@@carpediem6431 No, this was the second time she did I’d fraud on me. The first time she emptied my savings account and I forgave her. This time I cut off contact. 2 years later she pasted away.

[@TheJacali]

That’s brutal I’m sorry.

[@blacksnk]

@@TheJacaliit is what it is. It was years ago and I weathered the storm. My credit report is now almost perfect. The moral of the story is DONT EVER co-sign a loan for anyone unless you are prepared to flush your credit down the toilet, And monitor your finances! I look at my credit and savings DAILY! Just takes a second to pull it up on your phone.

[@deelehey2827]

I lent $25,000 to a cousin who paid me back monthly. No problem.

[@percivalgooglyeyes6178]

Never co-sign unless he is very "dreamy" rides a Harley, and has some really cool tattoos.

[@jeffro221]

Exactly what happened! And repeatedly told her how beautiful she is.

[@brendaleverick3655]

Ladies, keep your money and your generosity away from your man. Give him hugs and kisses, and cook for him. When he needs a co-signer or money, let him look elsewhere. That's my advice, hard-earned.

[@drn13355]

Any man who asks a woman to pay his bills isn't a man. If I ever asked a woman to pay my bills I would kick my own ass.

[@crashtestdummy1972]

I agree but it does go both ways. Hopefully no one falls into this situation!

[@greggpurviance7252]

If you were with a jerk, maybe you shouldn't have been with him - like this poor woman

[@Fred1294]

1:55 Is what I would have told her when he asked to co sign.

[@lindavella9382]

Do not co-sign for anybody not a smart move at all

[@arfriedman4577]

My parents told us when we were in hs to never cosign.

[@handleyobusiness]

Your parents are right. I’ve done it and it was the worst choice. Don’t do it.

[@arfriedman4577]

@handleyobusiness I also learned my lesson not to buy a home if your not married even though we were supposed to get married.

[@James_Hough]

Negotiating with the lender is about all she can do with them, but the communications that he will pay the car off can be used in an action against him....but he has nothing, so there's probably no there, there.

[@barnabusdoyle4930]

Those communications would mean almost nothing in court. It’s most likely a judge would split the debt in half and have each side pay half. The judge could try to earmark that settlement check to pay the debt off, but there’s no telling when that comes in and what % he is actually going to get so the judge likely won’t move on that money. The judge will tell both of the to be adults and pay what you owe. The real mistake was turning the car into the dealership instead of looking for other options.

[@MrStv1163]

I don't think a lot of people who co-sign loans really have a true understanding of or appreciation for what they're doing. Especially people who don't have significant financial means themselves. Makes me wonder why the banks even allow it without a full financial vetting of that person, as well. You're not just vouching for the good character of the person you're signing for and saying he/she is a great person - you're actually agreeing to assume responsibility for the loan if they default.

[@sophia8405]

Cougar had an agenda

[@Waihekeguy]

Try Judge Judy but she will say you picked him and it sounds like he's paid his due already for mountings an old bag

[@---cr8nw]

That Jetta is the least of her problems. She's got 400k (her share) tied up in a house that she lives in with her ex-husband. Time to sell the house, pay off your debts and buy a comparable house in the Midwest for the remainder of your half of the house.