Should I take out a credit card for my boyfriend's debt?

teagan1966

noooooooooooooooooooooooooo
my x bf had a loan he said hed paY was in my name , had borrowed the money id saved for my kids xmas and some more
would have trusted him with my life
that was 4 1/2 yrs ago he just vanished left me , told him i was going to get taken to court didnt replie , asked him to come to the hospital with me as i had found a lump and didnt know if i had cancer luckly was all ok, he said no again
this was the person i thought was perfect !!! hmmm
im not a kid i was about 41 when this happened and i cant believe i was so stupid he never paid me a penny back ,iv learnt from this will never ever get taken for a mug ever again

Mupette

no no no no no don't do it

Becles

I just wanted to add another huge

NO!

neverdespairgirl

I've never seen such scary agreement on MSE. Is it catching?

LondonDiva

NO- I'm translating in case the last two pages didn't underline the common sense see the link for more ways to say NO in more than 520 languages http://users.elite.net/runner/jennifers/no.htm

raven83

HELL NOOOOOOOOO!!!!! A very BIG NO NO!!!!!!!! You would be a tad foolish to do a thing like that- his debt, his responsibilty!!!!


BTW did i mention Noooooooo!!!!!!!!!

MarilynMonroe_2

In a word... no.

You never know whats around the corner and you dont want to be left with debts for someone else.
just to add I paid off dh's debts and he's now back in debt again!

COMPETITIONFANATIC

NO!! i TRIED TO HELP MY BOYFRIEND BY PAYING MONEY IN TO HIS BANK ACCOUNT TO CUT DOWN HIS £1500 OVERDRAFT I GOT IT DOWN TWICE TO £300! WE ARE STILL TOGETHER BUT ITS TRUE THAT IF YOU TRY TO HEP OUT SOMONE FINANCIALLY THEY BECOME WORSE HE AND ONLY HE CAN LEARN BY HIMSELF TO LOOK AFTER HIS BILLS!! IF YOU DO THIS HE WILL RUN UP EVEN MORE CREDIT CARDS!! YOU ARE HELPING HIM MOST BY LETTING HIM DEAL WITH THE PROBLEM HIMSELF AND JUST LETTING HIM TALK ABOUT IT BUT DONT GET INVOLVED!

Ducky101

WOW thanks for so many (unanimous) responses!
I can definitely see that it might be a risk to me financially and us emotionally, so your kind advice is heeded and I won't suggest the idea to my boyfriend. To be fair to him, he is making a real effort to tackle the debt himself, and my idea was not to pay it for him but to take out a credit card in my name so that he could keep repaying and benefit from the 0% interest. I don't think he would allow me to pay it for him...I have more than enough savings to be able to pay it all off in one go if I chose to (but don't worry, I won't!)
Some of you have pointed out that there are no quick fixes for this sort of thing, and it's true that I am a bit impatient for us to make real inroads into saving for a house deposit. I look at what I've got so far and can't help thinking if he was saving too, we could be putting double away each month...but good things come to those who wait eh!
Thanks everyone for your feedback, it's much appreciated x