Cosigned on a (ex)girlfriend’s loan, now she’s stopped paying. What can I do?
Rating: -2 Posted By: WalletWalletWallet
Views: 189 Replies: 18
So I willingly admit that this was an extremely stupid thing to do, so feel free to flame me. I dated and lived with a girl for seven years. Around year three, she needed to get a student loan (from a private loan company) and had no one else capable of cosigning on it, so I did it. Well as you’ve probably figured, we broke up four years later and now she has about $200 in delinquent payments. I’m getting letters in the mail saying that this is going to negatively impact my credit score if she doesn’t pay and my tax refunds may even be withheld. I’ve contacted her and she says it is a mistake and she’s clearing it up, but the letters keep coming so I’m assuming she is not telling the truth. So basically I’m wondering if there is anything I can do at this point. Obviously I am not going to start paying on her loan, but I also don’t want my credit score to dip. Any ideas?
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