 Does anyone know where I can get a quick loan from - I have a very bad credit rating so cant ask my bank? |
| I really need a loan in a hurry but due to a poor credit rating my bank wont help me - I have tried some of the main loan companies with no luck - does anyone know any companies that may be able to ... |
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 What do you think about gift cards? |
| Do you think they're great gifts for friends, family, etc.? or do you think they're impersonal gifts that makes you feel as though the person who gave you the gift card doesnt know you well ... |
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 I have lent a "mate " over £5000.00 and he is avoiding & making excuses about paying me back? |
| I loaned a so called mate & his partner over £9700.00 to set themselves up in their new home.I agreed to help him as he had money coming from his mothers estate as she had just passed away. The ... |
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 What is the easiest credit card to get if you have little or no credit? |
| I need to improve my credit so I need a credit card...but have no credit, just a car note.... |
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 Where can I get a FREE CREDIT SCORE? every place I find, signs u up for a month trial or charges.? |
| every place I have found charges for a months trial or makes you pay. I thought it was obligated by law to give you your free credit score.... |
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 What do you do when you've lost your debit card? |
I can't find it anywhere. Do I call VISA to report it missing, or my bank? Is it a long process of cancelling one and getting another? Are there any fees?
Thank you.... |
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 Does anyone know if i can purchase items without credit or debit card? |
i only have cash card? as i can not get credit as i have cleared my debts.
Additional Details
inc. on the ... |
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 HELP!!! My delivery has not come after 25 days!? |
| I ordered a pool table on the 8th december from www.kvoot.com and i was told it would take between 1 and 10 days to arrive. It has now been 25 and I have already emailed them after 21 days with no ... |
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 Does your credit score go down if you make a big purchase like a car? |
| I was told that since I made a big purchase..ie..my car and also co-signing for my daughter, my credit scores will go down..is this true??... |
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 Can you use a home equity loan for something other than a home? |
| I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it's not for a home &... |
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 Never ending credit card debt? |
| Been about 3-4 years of having credit cards and I spent a lot on getting my car fixed, college tuition, payments and what not. I have 4 now and a total credit limit of about 9000. I am maxed out on ... |
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 Someone stole my credit identity and got 500 Quid cash from my account. How do they do that? |
I still have my card. Nobody apart from my card provider knows my PIN (not even me) as I never use this card for drawing cash. The cash was drawn from a town I have never visited.
I think I... |
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 Reasons why to use cash instead of credit cards? |
| I have to write perswasive essay on why to use cash instead of credit cards. Please help and give me some ideas.... |
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 I need help , I'm bankrupt!!!? |
| Ok I made a series of financial blunders. I earn around 30k, but I owe about $150k in student loans and a $50k mortgage, how do I get out of this jam?It seems at the end of the month I have nothing ... |
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 Why is there so much debt about these days? |
Yes it would be nice to have a £35 grand bmw stood on my drive. But I cant afford one so I do without. Why does everyone seem to live beyond there means these days?
Additional Details
FI... |
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 A question about a credit card payment? |
| I carry 1 Visa, which right now has about a $350 balance on it. I only make the minimum $10 a month payment on it, but it seems like the balance never goes down? I thought that you could continually ... |
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Woodrow S | I cosigned a loan for my friend to get a car and he let it get repoed.? |
Now that the car was repoed the loan co. wants me to pay for their loss...about 10 grand. I am barely affording to pay my own bills and just can't pay for this. I am 21 and was not fully aware of the consequences of this decision. I was just being a bud. By looking at the balance they want me to pay they must have given the car away since it is almost as much as what was borrowed. I did not know it would come to this. What are my options? My credit score is already garbage now due to this. Thanks for any help. |
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Monica
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Not much you can do. I'm sorry, but when you signed the auto loan contract, you agreed to be just as responsible for the loan as your "friend"... |
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JWas
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You are responsible for the the outstanding debt, you should have never co-signed for your friend. You are kinda screwed on the credit score for about 7 years. |
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Jenna
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You really have limited options. Let this be a lesson learned. Yes co- signing for your friend was not the smartest decision to make, however it can be rectified. The purpose of a co-signer is to make sure that the loan is being paid for when it is due. Since the vehicle was reposessed, the car loan company will go after you as well.
I would talk to your friend and let him/her know that you are not happy with everything that is going on. I would seek legal advice as well and hopefully you can work out a payment plan with the car company.
Hope this helps! |
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Gina O
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So sad that your friend did this to you. Too bad you had to go through this to learn your lesson, in result losing a friend, and messing up your credit report. I think you should take this so-called friend to court and I hope you have something written in stone that you two had a repayment agreement. I hope your friend does the right thing and repays this loan. |
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Josh K
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unfortantely nothing. This is the risk you take when you cosign for anyone. If they defualt you are responsible. You can pay it that will help your credit some, but you will still have the repo on your credit file for up to seven years. |
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courthouseblue42
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Sorry, but your just as responsible for this as your friend is. Being that it it both names on the loan, the loan company will hold you and your friend responsible for this debt. The only option is to talk to the loan company and your friend and see if you can work out a payment plan. If neither of you pay, besides making your credit worse, this could result in legal action taken against you and your friend. |
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Etta P
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Unfortunately, theres nothing you can do. You were of age to sign a contract that outlines the consequences of your co-responsibility for the debt. The lender has the right to auction the car off, then file a judgment for the whatever the balance is leftover, plus attorney fees, plus court costs, plus towing, interest and any other cost outlined in the "default" section of the contract. They may be able to seize assets, and in almost all states they can and usually do garnish wages. This will effect your credit for at least 7 years, perhaps preventing you from obtaining another car or even buying a home.
I don't mean to be harsh, not trying to be, but I work with folks everyday that are declined home loans because of this type of "helping a friend". It may be better to attempt to resolve it with them, maybe they will settle, I dont know. But I do know it will not go away. Just food for thought, good luck. |
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stephenweinstein
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Ask (or sue) your "friend" for the money. |
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mccray_51
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You have to pay. You are the primary on the loan and your "Bud's" credit report may not even reflect the debt. If not paid it will flush your already lack luster credit history down the toilet.
Unfortunately, if you can't get your "Bud" to pay up you will have learned a very costly valuable lesson....don't ever co-sign for ANYONE!!! |
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Carolyn J
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Talk with the loan company or bank. They may settle for a lesser amount . They should have given you the opportunity to purchase the vehicle and continue the payments. Check with an attorney to see if any of your rights were violated and if you were notified properly as this situation developed. |
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redgator40
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live and learn. talk to the bank and explain. otherwise, there is not much you can do. the bank can sue both of you so take care of this now before attorneys get involved. |
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the answer
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sue your friends *** for ruining your credit, |
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