[Freddy 80]

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 wouldn't. 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?

[ScottGem]

This is the risk you take when you co-sign. It is not up to him to take your name off, only the lender can do that and they won't do it.

Your only recourse is to pay off the loan to rebuild your credit. Then sue your brother for what it cost you.

[Fr_Chuck]

You can start making the payments yourself, so you know they are on time, it is your responsibility to make them, no one can just take you off, you signed to pay if he does not.