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    platz56's Avatar
    platz56 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 30, 2007, 04:29 AM
    Co signer changed mind.
    Hello here is my problem... I needed to take out an education loan but needed a co-signer.the loan came through the check cashed and partially spent,all of a sudden the co-signer changed their mind and wants out... a portion of the money is spent and I have no way to replace it.Can he back out at this point or do anything to me??

    platz56
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Apr 30, 2007, 05:43 AM
    If the check was issued, the co-signer already signed. Therefore there is nothing they can do about it now, except hope you make your payments.
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