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would you or have you signed for someone with bad credit?

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Goobster
:)

Member since 5/07

27557 total posts

Name:
:)

Re: would you or have you signed for someone with bad credit?

NEVER EVER EVER

Posted 8/9/07 4:24 PM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: would you or have you signed for someone with bad credit?

nope

never

not worth it

Posted 8/9/07 4:25 PM
 

lucyloo
nope

Member since 1/06

9758 total posts

Name:

Re: would you or have you signed for someone with bad credit?

Hells no.

Posted 8/9/07 4:25 PM
 

pinkandblue
Our family is complete, maybe

Member since 9/05

32436 total posts

Name:
Stephanie

Re: would you or have you signed for someone with bad credit?

I guess I am a softy Chat Icon

Posted 8/9/07 4:27 PM
 

CAT215
The Merlster

Member since 10/06

2540 total posts

Name:
Cathie

Re: would you or have you signed for someone with bad credit?

No, no way

Posted 8/9/07 4:31 PM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: would you or have you signed for someone with bad credit?

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon

Message edited 8/9/2007 4:34:53 PM.

Posted 8/9/07 4:34 PM
 

EmmaNick
*

Member since 12/06

16001 total posts

Name:
*

Re: would you or have you signed for someone with bad credit?

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon



Maybe she has a lot of medical bills. BK isn't just for credit cards.

Posted 8/9/07 4:46 PM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: would you or have you signed for someone with bad credit?

Absolutely not.
My dh's cousin's bf wanted him (we didn't though) to co-sign on a motorcycle. He had to hide it so they wouldn't come and reposses it!!

Message edited 8/9/2007 7:44:54 PM.

Posted 8/9/07 7:44 PM
 

Kidsaplenty
Sister love

Member since 2/06

5971 total posts

Name:
Stephanie

Re: would you or have you signed for someone with bad credit?

No way

Posted 8/9/07 7:51 PM
 

BaroqueMama
Chase is one!

Member since 5/05

27530 total posts

Name:
me

Re: would you or have you signed for someone with bad credit?

No I have not and no I would not. Unless it was my child, then I would.

Posted 8/9/07 7:52 PM
 

HoneyBadger
YourWorstNightmare.

Member since 10/06

15979 total posts

Name:
BahBahBlackJeep

Re: would you or have you signed for someone with bad credit?

No, I wouldn't.

Posted 8/9/07 7:57 PM
 

Phyl
R.I.P. Sweet Mia ♥

Member since 5/06

28918 total posts

Name:
The Mystical Azzhorse! ™

Re: would you or have you signed for someone with bad credit?

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon


Have you checked your credit reports lately? It can be reported on your credit too.

Posted 8/9/07 8:23 PM
 

saraH
happy birthday sweet kate!

Member since 5/05

16555 total posts

Name:
I know that God exsists, I held her in my arms...

Re: would you or have you signed for someone with bad credit?

never have and i don't think i ever would.

Posted 8/9/07 8:24 PM
 

PrincessP
Big sister!!!!!!!!!!

Member since 12/05

17450 total posts

Name:

Re: would you or have you signed for someone with bad credit?

Posted by Phyl

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon


Have you checked your credit reports lately? It can be reported on your credit too.



OMG! I would die! Does this friend plan on continuing to pay her student loan? If you took her to court would you be able to get that $$$ from her? Chat Icon

Posted 8/9/07 8:25 PM
 

CkGm
They get so big, so fast :(

Member since 5/05

13848 total posts

Name:
Christine

Re: would you or have you signed for someone with bad credit?

one word- NEVER. And don't feel bad- they created their own bad credit- you didn't. I would protect your own credit rating at ALL COSTS!

Posted 8/9/07 8:32 PM
 

EmmaNick
*

Member since 12/06

16001 total posts

Name:
*

Re: would you or have you signed for someone with bad credit?

Posted by PrincessP

Posted by Phyl

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon


Have you checked your credit reports lately? It can be reported on your credit too.



OMG! I would die! Does this friend plan on continuing to pay her student loan? If you took her to court would you be able to get that $$$ from her? Chat Icon



Student loans are not dischargeable in BK, thus she HAS to pay on it. Chances are if she defaulted, it was already on the co-signers credit report prior to the BK filing.

I wasn't even aware that people actually have a co-signer on a student loan. I really thought they give those to just about anyone that is going to school.

Posted 8/9/07 9:04 PM
 

Kerie-is-so-very
versatile!

Member since 5/05

13535 total posts

Name:
K

Re: would you or have you signed for someone with bad credit?

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon



do you have a PACER account? If you are curious, you can access her filing, which lists all the debts. I can check for you, too.

Posted 8/9/07 10:48 PM
 

Stefanie

Member since 5/05

23599 total posts

Name:
Stefanie

Re: would you or have you signed for someone with bad credit?

NO NEVER EVER!!!

Posted 8/9/07 10:49 PM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: would you or have you signed for someone with bad credit?

Posted by Summerrluvv

Posted by PrincessP

Posted by Phyl

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon


Have you checked your credit reports lately? It can be reported on your credit too.



OMG! I would die! Does this friend plan on continuing to pay her student loan? If you took her to court would you be able to get that $$$ from her? Chat Icon



Student loans are not dischargeable in BK, thus she HAS to pay on it. Chances are if she defaulted, it was already on the co-signers credit report prior to the BK filing.

I wasn't even aware that people actually have a co-signer on a student loan. I really thought they give those to just about anyone that is going to school.



Just saw this. No she did not default. I called every month to make sure. It never hit my credit report other than to say it was in deferred status.

And she KNEW she could not discharge the student loans. She clerked for a bankruptcy judge and she worked at a bankruptcy law firm when she lived in NYC.

I had her sign a promissory note a few years ago just in case Chat Icon I always figured she would try something like this.

Message edited 9/1/2007 9:24:56 AM.

Posted 9/1/07 9:19 AM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: would you or have you signed for someone with bad credit?

Posted by ssdbk

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon



do you have a PACER account? If you are curious, you can access her filing, which lists all the debts. I can check for you, too.



She lives in California now so I can't check up on her like I once did Chat Icon

Posted 9/1/07 9:19 AM
 

Faithx2
All good things in 2016!!

Member since 8/05

20181 total posts

Name:

Re: would you or have you signed for someone with bad credit?

Posted by Goobster

NEVER EVER EVER



Exactly!They can bring you down with them next time!

Posted 9/1/07 9:22 AM
 

DancinBarefoot
06ers Rock!!

Member since 1/07

9534 total posts

Name:
The One My Mother Gave Me ;-)

Re: would you or have you signed for someone with bad credit?

Not in a million years.

Posted 9/1/07 9:34 AM
 

Palebride
I am an amazing bakist

Member since 5/05

13673 total posts

Name:
Lori

Re: would you or have you signed for someone with bad credit?

I have...for my husband. His credit was terrible because of mistakes he made, so we were working on him building his credit and he needed a car. I knew our finances were combined, so there woudln't be a risk involved.
It worked out perfectly becasue he eventually traded in the car for a different one and the new loan is in his name!

I doubt I would for anyone else though...besides a child.

Posted 9/1/07 9:37 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: would you or have you signed for someone with bad credit?

NO WAY JOSE!!!!!!!!!!!!!

Posted 9/1/07 9:39 AM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: would you or have you signed for someone with bad credit?

Posted by MrsT

Posted by ssdbk

Posted by MrsT

I would for my dad but he would likely never need me to cosign.

I cosgined for a friend for a student loan and regret it. We were friends but have not been in a few years.

She just filed for bankruptcy and I only found out since I call Sallie Mae EVERY month to make sure she makes her payment. They are not coming after me for the money but I did contact her to let her know that once the payments start up again (student loans are NOT discharged in bankruptcy) that she will need to continue making her payments.

She studied bankruptcy law and even clerked for a bankruptcy judgeChat Icon Chat Icon I have no idea what she thought she might discharge by filing for bankruptcy other than a car she recently bought (her boss co-signed)Chat Icon



do you have a PACER account? If you are curious, you can access her filing, which lists all the debts. I can check for you, too.



She lives in California now so I can't check up on her like I once did Chat Icon



THANKS!!!! check your e-mail. Chat Icon

Posted 9/2/07 7:16 PM
 
Pages: 1 [2] 3
 

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