Who's Liable

Diagonal

HI,
Here is the story. My now ex was in a bit of financial trouble so I offered to put one of her CC debts onto my CC. Now we have seperated who is liable for the debt. I have a horrible feeling that I am lumbered with it..

Chadsman

Unless you have something in writing to the effect she promises to pay back the money to you then very probably you are liable.

Clariman

Yes you are liable I am afraid.

missyg_3

Yes, you are liable, but if she is a decent person she shouldn't lumber you with it. I did the same for an ex - he may have had his faults, but we sat down and worked out instalments and he paid me back every penny after we broke up (including the interest). Is this an option for you?

Diagonal

OK thank you for the replies. I thought that would be the case. She set up a DD to pay me back,but, who knows if that will continue.
A lesson learnt I think :eek:

GeorgeUK

Here's another lesson - if your credit rating is fairly good, you may be able to get another CC with a promotional 0% interest on Balance Transfers. Do a BT and you could save quite a bit and get the debt paid off quicker.

Stephen_Leak

Diagonal wrote: »

OK thank you for the replies. I thought that would be the case. She set up a DD to pay me back,but, who knows if that will continue.
A lesson learnt I think :eek:

Some lessons cannot be taught: they can only be learned.