My daughter just finished a two year degree and got married. When I co signed for a $4,000.00 school loan and then a 16.000.00 car loan for my daughter. once she was engaged, and was by both my daughter and son-in-law to be, assured that both would be out of my name once they were married. Now that they are married, they say they can't because they had to by a condo. Then when they bought the condo, they had 10.000 dollars in the bank and they but 500.00 down on the condo and bought all new furniture and paid some bills and so they could not get a loan for the college 4000.00 fund or find a co-signer for the car in my and my daughter's name although they promised they would. I am dumbfounded...why would they do this to me knowing that I am on a fixed income and need to get an equity loan for my home and can't get a decent % rate with 20,000 hanging over my head.
2007-12-19
21:37:06
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25 answers
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asked by
Meeshmai
4
in
Senior Citizens