FinanceStudent Loan
#RI-6aa77600·about 2 months ago·
1
“used relative as guarantor on federal graduate student loan”
What Actually Happened
Relative now on hook for loan, can't remove themselves
What I wish I knew
"Understood loan terms before using relative as guarantor"
Advice to Someone Facing This Now
If I could tell you one thing
"Research loan terms carefully before involving others"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Finance Category
2,830
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
36%
of Finance decisions land in the severe band the same as this one.
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