Posted on: 24th Apr, 2008 11:39 am
what are my options?
pay for the loan. you signed the note guaranteeing payment of the loan. you are just as responsible as your friend.
did you not take into consideration that not all "friends" are creditworthy? shame, shame. i bet you won't make this mistake again.
did you not take into consideration that not all "friends" are creditworthy? shame, shame. i bet you won't make this mistake again.
Hi rc_vrtt,
I agree with George that you have co-signed with your friend. So you are also responsible to pay off the loan. So ask your friend to pay it off or help him to pay the due loan. Otherwise it will hurt your credit.
Best of luck,
Larry
I agree with George that you have co-signed with your friend. So you are also responsible to pay off the loan. So ask your friend to pay it off or help him to pay the due loan. Otherwise it will hurt your credit.
Best of luck,
Larry
