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re: how do i go about consolidating student loans

Posted on 1/30/13 at 11:41 am to
Posted by hiltacular
NYC
Member since Jan 2011
19708 posts
Posted on 1/30/13 at 11:41 am to
quote:

So your wife agreed to cosign on a loan without knowing the amount?

Actually this reeks of BS too, because I've cosigned every one of my wife's student loans and the documents all have the amount that is being requested listed.

In college, my parents took out a loan in my name to pay off tuition. I don't remember signing anything.. I could easily see someone thinking that the loan would be small when in actuality it was really big.

My loan was only $2k fwiw so it was really no big deal.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 1/30/13 at 1:48 pm to
quote:


In college, my parents took out a loan in my name to pay off tuition. I don't remember signing anything.. I could easily see someone thinking that the loan would be small when in actuality it was really big.

My loan was only $2k fwiw so it was really no big deal.


It sounds like the $60k loan wasn't for his wife, but for his MIL's education. His wife was a co-signer.
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