Anonymous wrote:Those were his loans also. He probably learned his lesson and won't be co-signing anything.
Anonymous wrote:OP what you should be posting is "No good deed goes unpunished. My FIL was nice enough to co-sign for his grandson, and now he's stuck with the bill and the grandson is an ingrate."
Why do so so so many DCUMers hate their in laws???
Anonymous wrote:Op do you understand a co-signer's responsibility?
Anonymous wrote:Anonymous wrote:Op do you understand a co-signer's responsibility?
I understand the FIL getting right with the bank, but shouldn't the kid make some effort to him back as opposed to "walking"? I wonder if there's an understanding btw FIL and granson?
Anonymous wrote:Op do you understand a co-signer's responsibility?
Anonymous wrote:He paid off thousands of dollars of loans for grandson who dropped out of college after one semester but owed a lot of money. FIL was co-signor on loan bc son had bad credit. FIL has not offered to pay for my kid’s educations. We can afford it but it seems unfair that my kids get a $20 bill for birthday and Christmas, but nothing substantial like college tuition (and other big expenses). My kids have worked hard to earn substantial scholarships and wouldn’t require much assistance. It seems the squeaky wheel gets the grease.
Anonymous wrote:He paid off thousands of dollars of loans for grandson who dropped out of college after one semester but owed a lot of money. FIL was co-signor on loan bc son had bad credit. FIL has not offered to pay for my kid’s educations. We can afford it but it seems unfair that my kids get a $20 bill for birthday and Christmas, but nothing substantial like college tuition (and other big expenses). My kids have worked hard to earn substantial scholarships and wouldn’t require much assistance. It seems the squeaky wheel gets the grease.