$32,000Relationship@OverdrawnOtter_311Apr 26

Cosigned my boyfriend's car loan. He left. The payments didn't.

He needed a car for his new job and his credit was bad. I cosigned a $32,000 auto loan because "we're a team." Three months later he moved to another state with someone else. He stopped making payments after month two. I'm now paying $580/month for a car I don't have, can't drive, and don't even know where it is. My credit score dropped 140 points.

Lesson LearnedNever cosign anything for anyone who isn't legally bound to you. Even then, think twice.
Would you have cosigned?

Your partner needs a car, their credit is bad

0% say team player · 100% say never cosign · 139 votes
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