logicallefty
Moderator
To all Finance Experts on SS,
A buddy of mine is all balled up today. Two years ago he cosigned for his GF on a car loan. They broke up earlier this year and she continued to pay the car payments, but now she is telling him she lost her job and has to give it back to the bank. He says his credit score is 889 right now. How bad of a ding will this cause him if she gives the car back to the bank and he is the cosigner?
A buddy of mine is all balled up today. Two years ago he cosigned for his GF on a car loan. They broke up earlier this year and she continued to pay the car payments, but now she is telling him she lost her job and has to give it back to the bank. He says his credit score is 889 right now. How bad of a ding will this cause him if she gives the car back to the bank and he is the cosigner?