i have such a tough one here... think i mentioned the guy before. super nice... not brilliant, but not dumb... way too naive. had bought a wrangler off me, traded it in after a year and bought a truck... co-signer for a young girl he barely knew who was getting in over her head on a new wrangler (not from me this time)..
... quell suprise... she stopped making payments... so he has been making them... and she took the jeep into some gnarly places and now the engine isn't running right and it has other issues... she is one of these kids that thinks, "well, it's not running, so i don't have to keep paying for it"... and she doesn't... because this other guy is picking up her slack.
so now he wants to trade it in. pile that it is. oh, and of course she rolled super negative equity from a truck into it. so they owe like 50k on a jeep that hardly runs. he is going to have to trade in his truck to help offset things (his idea, not mine).
just a
show.... so people... don't cosign for people that aren't family. even then, only like, your spouse or kid...