Loading…
16
Vent: my buddy asked me to cosign a $12,000 truck loan and I froze on the call
We were on the phone Tuesday night and he hit me with it out of nowhere, said he just needed a signature and would have it paid off in a year. I told him I had to talk to my wife first, which bought me 24 hours, but now I have to actually answer him. How do you say no to family without blowing up the whole thing?
1 comments
Log in to join the discussion
Log In1 Comment
jakejones23d ago
Ever been the guy who said yes and then spent two years dodging awkward phone calls? My cousin asked me to cosign for a used car back in 2019, swore up and down it would be paid off in 18 months. Fast forward to 2021, he lost his job, stopped paying, and guess who got a call from the bank at 8am on a Saturday. I ended up paying $3,400 out of my own pocket just to save my credit score from tanking. Learned my lesson the hard way, so when your buddy says "just a signature," what he really means is "this is your problem now too.
4