cosigned loan

I can't believe how many people are telling you "if you are not worried about your credit rating, let the car get repo'd" What happened to being a man of your word. You agreed with the lender that should your daughter default that you would repay the loan. First and foremost , live up to your committment and pay your debt(s). A man's word is worth everything!!!! Second: take the car from your daughter and explain that as you now have to pay for it you will be using it or selling it. Make sure the dead beat boyfriend can do no harm to you or your daughter while he has access to this vehicle. Your daughter needs to grow up and honour her committments as well. Be an example for her and do the right thing.


I am a man of my word. Me and the wife NEVER had a late payment in 28 years of marriage NEVER I had perfect credit till now.

I was just asking advise to see if anyone else had this happen.