I co-signed a loan for an x-friend of mine. He has the only set of keys to the vehicle and is not paying.
He's changed his cell phone number, so I'm getting all the harrassing calls. The bank keeps telling me they're going to ruin my credit, but they don't seem to want to help me get the car. They keep saying that they want to repo it. The police tell me that I can't take the car because possession is 9/10ths of the law...
so why should I pay. I'm the primary signer on the loan.
THAT'S WHY CAPITAL ONE SUCKS. They shouldn't even be calling me. I have every right to that car.
Everytime I find out where the truck is, I call Capital One, but they do nothing. I was told by the police not to contact the other party because I would be arrested for harrassment. THIS IS ***.
NEVER EVER CO-SIGN A LOAN FOR ANYONE. YOU WILL ONLY BE HARRASSED FOR DOING SOMEONE A HUGE FAVOR.
Monetary Loss: $19.