When I was 20-21 in community college I became friends with a person twice my age. I was pretty reckless and got myself into a terrible financial situation (credit cards, credit loans, you name it). This friend was worse off than me due to medical bills, etc, and was beginning a graduate program. She asked me to co-sign a student loan, to which I did because my credit was fucked and I did not give a shit about the future (apparently). She asked me to re-up twice and I did. This was a combination of being a young (stupid) person and having a very manipulative friendship that did not end well.
This person and I have not spoken in 4 years. I'm currently 27, in my first year in a doctoral graduate program. I was able to work my way out of nearly all of my debt (except for my ever-increasing student loan debt), including rebuilding my credit with a secured credit card! Yay me.
But I received a letter in the mail today that reminded me about this past co-signature. It said that she was delinquent on payments. This is the first time I have received anything. I don't know anything about what is happening with this person. She was a toxic presence in my life and I do not keep in any kind of touch. However, just as I'm starting to think about the future and become a responsible adult, I'm reminded about the possibility of this person fucking my life up (all over again, but that's another story).
In doing some Google research I found nothing but hopelessness. What is my best case scenario (other than that she has gotten her act together and pays everything off without any worries)? I just need to have a realistic perspective on what my future could look like.
Submitted January 29, 2017 at 01:02AM by clearlygonemad http://ift.tt/2jr4M7C
