I feel like crap - I was stupid a few years ago and co-signed a loan for was was then my fiancee. Now I am happily married to someone else, but the ex (of course) bailed on the loan and I got stuck with it in order to save my very good credit rating.
My husband now wants to pay this loan off - but he cut up all my credit cards and now we share all our banking. I trust my husband with this, but I just feel so weird. I have full access to our account, but I feel funny about spending money from it. I don't know if I can buy anything for myself or not. I also have to ask if I can use the credit card, and I haven't - just too upsetting for me. I totally feel like I've lost all my independance, but I'm happy he delt with my "a..hole" loan. What should I do?
2006-11-06 11:06:57 · 5 answers · asked by emmyfair 3 in Business & Finance ➔ Personal Finance
First, you have a great husband. He cares enough to clean up the mess. Sue the ex-f***head for the balance of the paid-off loan, and tell the lending agency to enter it into his credit file. Secondly, try opening a "mad-money" savings account for your spending moo...Make sure your husband is aware of it, too. Put 20% of your LEFT OVER money (after bills) in it each paycheck and then save for what you want. When you have 20% over your purchase price, go ahead and get your goodies and owe nobody! Sounds like your husband has been listening to Dave Ramsey. You two should take the "Financial Peace University" course. When you've been debt-free for 10 years you will see just exactly how much you have in the bank and it will amaze you. Have a great life with that great guy!
2006-11-06 11:29:31 · answer #1 · answered by Roosterkroozer 4 · 1⤊ 0⤋
Any baby that someone provides economic help to is a baby dependant. Your sister might want to be claimed on student economic help applications as a baby depending till she's 25. After she turns 25 she has to pay her own way by college.
2016-11-28 20:45:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't understand why your husband would do all this to you now. He knows when this all happened and why, so why is he cutting up your credit cards, it all seems alittle extreme to me. I guess the only thing to do is talk to him and if you can't do that you will just let it eat at you and you will continue to be upset. Good Luck
2006-11-06 11:26:53 · answer #3 · answered by inmate3685 4 · 0⤊ 0⤋
Pay off the loan, save your statements, and take the ex to small claims so you and your new man can get your money back.
2006-11-06 11:21:31 · answer #4 · answered by Mariposa 7 · 0⤊ 0⤋
jus tel him how u feel about da situation,explain to him dat u dnt feel ok wit da arrangement he made regarding yo finances,dnt 4get 2tel him da reasons y.coz he feels like he cnt trust u 2make an adult choice wen it comes 2money.da way i see it at da moment he's treatin u like a child.u need 2deal wit it now or u might start resenting him,u dnt wana do dat.
2006-11-06 11:15:22 · answer #5 · answered by ignob 2 · 0⤊ 0⤋