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Benzinga
Benzinga
Business
Adrian Volenik

At 18, His Mom Had Him Cosign Her Car Loan That Later Got Repossessed. Dave Ramsey Calls It 'Financial Abuse' And 'Completely Immoral'

Dave Ramsey Michigan
How Fed Rate Decision Affects Your Savings, Loans, Credit Card Debt And Bank Accounts?

Hunter, a 21-year-old from Michigan, recently called into “The Ramsey Show” with a problem that started the moment he became a legal adult. Just after turning 18, his mom asked him to cosign a car loan. She had bad credit, and he had no credit at all—but he agreed.

Repossession, Collections And A $10,000 Problem

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