Brian is over $40,000 in car debt and he co-signed on two other car loans for his brothers. He asks Dave if he should use his savings to start paying the loans.
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????? Brand new vehicle when u are in debt????. Yes pay off the track. Wife should stay away from farmhouse decor. "My income, her income" it's "our income" Mr!!???.
Once again, we have used the Dave Ramsey baby steps and are debt free except for our house that we hope to have paid off in 5 years. We are both in our early 30s.
Debt sucks y'all!!!!!!!!!!!!!!!
40K? I paid off a student loan and a used car for thousands less.
Do people not do some research before co-signing loans for people? Horror story after horror story.
The whole family is stupid. P.S. your wife needs to get her job back tomorrow.
"mistakes were made" he keeps using such passive language! He needs to emotionally and psychologically own up to HIS mistakes
Yes, but, do the new cars talk, sync with your fancy phone and parallel park themselves like in the commercials ?
Luckily I’ve learned young that car payments are stupid and haven’t had one in 10 years. I’ll drive any vehicle I own until the wheels fall off and will never buy new because it isn’t necessary. I’ve co-signed one vehicle in my life and will never do that again either. If you need a co-signer that means you can’t afford what you’re about to do and asking anyone to do that says a lot about you.
Co-signing a loan. Dumb, dumb, dumb!
I want that Jokermobile in the thumbnail.
Hehehehe he would freak if he knew my truck payment and loan amount. I had to buy bigger truck. My older truck cant tow what i needed and older trucks are all torn up. i had to buy new. I am throwing more money onto it though.
I've cosigned once for someone and never doing that again. It's not because this person was ever late or irresponsible and in fact it helped her graduate nursing school. it's because I didn't realize how awful a feeling it was to not control debt that you're accountable for.
It also shows up on your credit report as your debt which may complicate things when applying for a home loan.