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Reply to "Parent expecting me to pay back parent plus loan"
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[quote=Anonymous]Tell her that you will start taking it over but you can't next month. PllllTell her you wish she had talked about this sooner. If she hasn't paid for a year I'm guessing her credit is wrecked. Let's hope your name isn't on the loan otherwise your credit is likely impacted too. Did she stop paying because of one of those Covid-related pauses?and I don't agree with other PPs who assume this is OP's responsibility. Her parents should have handled the loan or should have made OP aware of what the plan for repayment was. OP, find out what your legal obligations are with regard to this loan. Ask tour Dad to step in and pay for a few months while you work in your budget. [/quote]
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