Jun 25, 2012, 03:16 PM
I cosigner a car for my brother four years ago to help him out on transportation. He told me that he will be done paying the payments by next year (2013). Sooner or later my mom comes to me telling me that the car loan people where calling him bacause of late payments. So I took it among myself to call the loan holder and they said that he had two years left on the car and that he has been late on car payments numerous of times which made my credit score down to 510. I don't know what to do. I have asked him to take me off and he wouldnt. And i have tried to refinance the car and couldn't because of my score. I need to know is there any options that I can take for I wouldn't be liable for the loan or is there any way I can take the car for my credit wouldn't undergo any damages?