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What will happen to you and your credit when a company has to write off a car you put in your name because they can't find it to repossess?
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Answered 2011-09-13 17:40:43
It means YOU will be paying for a car someone else is driving. it means lenders and collection agencies will be calling YOU and bugging YOU while they ride around listening to CDs. It means YOU will be getting letters in the mail about judgments while they drive around lookin purty. It means YOU will have your paycheck garnisheed every week while they ride around for free. NO, I'm not trying to be mean, its just the facts. Signing for someone else is NOT the thing to do. Best thing you could do for your credit is go get the car, drive it yourself and PAY FOR IT. good Luck
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