Life The official "Life's a Bitch" thread - Page 6

seclark · 08-13-2008, 02:37 PM

Quote:

Originally Posted by Sure-Oz

As for co-signing a loan with a newer "bf" stupid....gf and i didnt talk about each others money expenses or deciding to do much together until almost 2 years. Save that shit for when you're married hehe...

agreed...my post referred to little jacob saying no to any cosigned loans. i know for a fact i'd have never got a loan and started a good credit rating if someone(my father) wouldn't have cosigned for my first loan.
sec

FAX · 08-13-2008, 02:38 PM

It's a tough call, really. I've personally guaranteed several loans in the past - for a couple of employees and two friends. One person was flipping houses and the other guy had medical issues. I don't have a philosophical problem with it even though I once had to take up some slack for a buddy who fell behind. Sometimes people need a little assistance and, when I'm not insulting people for grins, I don't mind helping if the circumstances are right.

Having said that, I would have to know the person pretty damn well. It would be extremely uncomfortable, for example, to discuss co-signing a note for a girl I just started dating. I mean, if you decline, I'm pretty sure the relationship would be over. I can hear it now; "You don't trust me?". Oh, my God. Then, on the other hand, it could well turn out to be the most expensive sex you ever had. Those aren't particularly good options unless it's Gillian or Salma or somebody.

FAX

Sure-Oz · 08-13-2008, 03:38 PM

That sucks you fell hard for the guy but you learned your lesson. Never give in to financial shit and if they don't like it tough ****in luck...people should be understanding...

Don't let yourself be put in that situation again, don't fall hard either....give it time, always

Sure-Oz · 08-13-2008, 03:58 PM

I wouldn't give him any benefit of the doubt period, be a hardass about this the whole time.

**luv** · 08-13-2008, 04:00 PM

Quote:

Originally Posted by Sure-Oz

I wouldn't give him any benefit of the doubt period, be a hardass about this the whole time.

Oh, trust me. I've been riding his ass for the past month. Now, I have to be prepared to act on my words. Hell hath no fury like a woman scorned!

Sure-Oz · 08-13-2008, 04:05 PM

Quote:

Originally Posted by luv

Oh, trust me. I've been riding his ass for the past month. Now, I have to be prepared to act on my words. Hell hath no fury like a woman scorned!

I'm dead serious, the guy obviously doesn't give a shit about you, picture him degrading you in the worst possible way, no ****ing way you take any shit from him or any dude period again unless you're really insecure. Hardass all the way....

blueballs · 08-13-2008, 04:02 PM

sell off your half of the loan to someone who needs a kidney

Midnight_Vulture · 08-13-2008, 04:10 PM

luv, maybe you shouldnt of met some strange guy over the internet and you wouldnt of had that problem LOL.

Seriously did you actually think you could meet a trustworthy guy over the net???

**Rain Man** · 08-13-2008, 04:16 PM

Side story:

Back when I lived in St. Louis, a friend of mine was looking to buy a house. We were both about 25, and both single, and I like looking at houses, so I went with him to be a second set of eyes.

He had the worst Realtors on the planet, a husband and wife team that had absolutely no interest in him at all. All they wanted to do was sell him a house as fast as possible and make their money. They were horrible, and I kept telling him to fire them, but for some reason he felt like he shouldn't. So we'd go into houses, and you'd see a crack in the foundation with water pouring through it, and they'd say, "Oh, that's not a problem. It's like a fountain." And you'd go into another house and there would be poltergeists flinging axes at you and they'd say, "Once they get used to you, they'll probably stop that." These people were flat-out slimy.

At some point, my friend found a house he liked, and it was a little above his range. They were pushing pushing pushing him to buy it, and he said something like, "I don't think I can even get a loan for that amount, much less make the payments."

The sleazy wife said, "Don't worry about the loan. Just get your friend there to sign for it."

I said, "What?"

She said, "Oh, yeah. You just sign a quit-claim deed, and your friend can get the house."

I said, "I don't think you understand. I'm just tagging along to help him look."

She said, "Don't worry about it. He'll make the payments. You're just signing the loan so he can get approved."

Recall that I was only 25 and didn't know much about this stuff, but even so, that didn't seem like a good idea. I said, "If I sign the loan, I'm presumably responsible for it if he defaults."

She said, "He's your friend. He won't default."

"So I am responsible for it, then."

"Only technically."

This woman proceeded to argue with me that I should sign my friend's MORTGAGE LOAN, and the husband was backing her up. They were so pathetic and dishonest it was laughable.

sedated · 08-13-2008, 04:19 PM

Quote:

Originally Posted by Rain Man

"So I am responsible for it, then."

"Only technically."

**Rain Man** · 08-13-2008, 04:18 PM

Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

little jacob · 08-13-2008, 04:24 PM

Quote:

Originally Posted by Rain Man

Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

i think in some states they put "and" or "or" on the title. if it's "or" or if there's nothing then one person might be able to sell it... not sure. i dont have any titles like that.

i think if her name is on the title and the loan both, it's just as much her car as it is his

**ShortRoundChief** · 08-13-2008, 04:51 PM

Quote:

Originally Posted by little jacob

i think in some states they put "and" or "or" on the title. if it's "or" or if there's nothing then one person might be able to sell it... not sure. i dont have any titles like that.

i think if her name is on the title and the loan both, it's just as much her car as it is his

I ran into that once
my wifes name and mine were there so I needed both signatures to do anything

that's why you always ask for "and/or"

**Bugeater** · 08-13-2008, 07:02 PM

Quote:

Originally Posted by Rain Man

Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car.

That's not a bad idea, if you have a set of keys to it I'd take it and stash it somewhere. Hell even if you don't have keys you could probably get it towed somewhere. If you're going to take the financial hit from it at least don't give him the pleasure of keeping the car.

Or if nothing else, go rent a car, buy the insurance waiver and drive it into the other car. Make sure you're going really fast to ensure that you total it out. Then the insurance company will pay off the loan for you.

little jacob · 08-13-2008, 08:46 PM

Quote:

Originally Posted by GoBo

That's not a bad idea, if you have a set of keys to it I'd take it and stash it somewhere. Hell even if you don't have keys you could probably get it towed somewhere. If you're going to take the financial hit from it at least don't give him the pleasure of keeping the car.

Or if nothing else, go rent a car, buy the insurance waiver and drive it into the other car. Make sure you're going really fast to ensure that you total it out. Then the insurance company will pay off the loan for you.

no offense... but... after ordering the car to be repo-ed... this is the worst advice possible.

08-13-2008, 02:38 PM	#2
FAX testing ... 1, 2, 3 Join Date: Oct 2004 Location: Tennessee Casino cash: $6753759	It's a tough call, really. I've personally guaranteed several loans in the past - for a couple of employees and two friends. One person was flipping houses and the other guy had medical issues. I don't have a philosophical problem with it even though I once had to take up some slack for a buddy who fell behind. Sometimes people need a little assistance and, when I'm not insulting people for grins, I don't mind helping if the circumstances are right. Having said that, I would have to know the person pretty damn well. It would be extremely uncomfortable, for example, to discuss co-signing a note for a girl I just started dating. I mean, if you decline, I'm pretty sure the relationship would be over. I can hear it now; "You don't trust me?". Oh, my God. Then, on the other hand, it could well turn out to be the most expensive sex you ever had. Those aren't particularly good options unless it's Gillian or Salma or somebody. FAX
Posts: 44,492

08-13-2008, 04:02 PM	#7
blueballs Banned Join Date: Feb 2006 Casino cash: $10004900	sell off your half of the loan to someone who needs a kidney
Posts: 14,233

08-13-2008, 04:10 PM	#8
Midnight_Vulture Starter Join Date: Jun 2008 Casino cash: $10004900	luv, maybe you shouldnt of met some strange guy over the internet and you wouldnt of had that problem LOL. Seriously did you actually think you could meet a trustworthy guy over the net???
Posts: 622

08-13-2008, 04:16 PM	#9
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-722449 VARSITY	Side story: Back when I lived in St. Louis, a friend of mine was looking to buy a house. We were both about 25, and both single, and I like looking at houses, so I went with him to be a second set of eyes. He had the worst Realtors on the planet, a husband and wife team that had absolutely no interest in him at all. All they wanted to do was sell him a house as fast as possible and make their money. They were horrible, and I kept telling him to fire them, but for some reason he felt like he shouldn't. So we'd go into houses, and you'd see a crack in the foundation with water pouring through it, and they'd say, "Oh, that's not a problem. It's like a fountain." And you'd go into another house and there would be poltergeists flinging axes at you and they'd say, "Once they get used to you, they'll probably stop that." These people were flat-out slimy. At some point, my friend found a house he liked, and it was a little above his range. They were pushing pushing pushing him to buy it, and he said something like, "I don't think I can even get a loan for that amount, much less make the payments." The sleazy wife said, "Don't worry about the loan. Just get your friend there to sign for it." I said, "What?" She said, "Oh, yeah. You just sign a quit-claim deed, and your friend can get the house." I said, "I don't think you understand. I'm just tagging along to help him look." She said, "Don't worry about it. He'll make the payments. You're just signing the loan so he can get approved." Recall that I was only 25 and didn't know much about this stuff, but even so, that didn't seem like a good idea. I said, "If I sign the loan, I'm presumably responsible for it if he defaults." She said, "He's your friend. He won't default." "So I am responsible for it, then." "Only technically." This woman proceeded to argue with me that I should sign my friend's MORTGAGE LOAN, and the husband was backing her up. They were so pathetic and dishonest it was laughable. __________________ Active fan of the greatest team in NFL history.
Posts: 145,549

08-13-2008, 04:18 PM	#11
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-722449 VARSITY	Luv, if your name is on the title, it's not stealing if you take the car. I'm not sure if he would have to sign the sales paperwork, but you could at least take the car. __________________ Active fan of the greatest team in NFL history.
Posts: 145,549