I recently got a letter in the mail from the company my life insurance is through. It stated that I owe $2600 on loan that was taken out when I was 19.
My Father back then was in a financial crisis, so he took out the loan to help him get by. The issue though is that he never paid it back, and now that it automatically transferred over to me, I'm responsible for paying it back. Whenever I called and talked to them about it, I told them that I'm not going to pay back a loan I didn't take out. Unfortunately, this will end up on my credit report that I am very strict about. I have no late payments, a good score, and I'll be damned if my score gets hurt.
Is this truly legal? Is there anything I can do without paying and making the loan dead even and canceling my policy?
Submitted July 11, 2021 at 10:32PM by Matty_2T https://ift.tt/3r3eL7f
