Question: I co-signed for a friend for a loan. She stopped making payments. I am now getting calls from the creditor. Am I responsible? A: Yes, you are responsible. The creditor can sue you for the full amount of the…
Posts Tagged With: student loan
California Debt Blog: Student Loan Debt Collectors Guide Pulled from Federal Website
Recently, the U.S. Department of Education pulled a manual for debt collectors who are attempting to collect student loan debts off of its website. The Private Collection Agencies Procedures Manual was removed because a blog operated by the U.S. News…