student loan co-signer fraud
Wed, 10/17/2012 09:51
My husband co-signed a private student loan for a friend while still in college. The former friend has now defaulted on the loan after never making a payment and deferment status running out. The former friend actually never paid school bills with the loan and instead used it for a new car, electronics, and cloths. Can anything be done since the loan was taken out for school and never used on school expenses?