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How I Paid Off $40,000 in Loans Taken Out for My Ex

The Ramsey Show HighlightsNovember 16, 20256 min30,499 views
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The Loan Situation

  • πŸ’‘ Four and a half years ago, the speaker took out loans for her ex-boyfriend because he had poor credit.
  • πŸ’³ These loans included a business credit card, a personal loan for business vehicles, and a golf cart loan.
  • πŸ“‰ While he was paying minimums during their relationship, the debt remained substantial.

The Aftermath and Payoff

  • πŸ’” After splitting up two years ago, the ex-boyfriend stopped making payments.
  • πŸ’° The speaker was left owing between $50,000 and $60,000 and has since paid it down to $20,000.
  • 🏠 To manage this, she moved back in with her parents and worked extra shifts as a nurse.

Legal and Financial Considerations

  • βš–οΈ The speaker considered suing her ex but found it a
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What’s Discussed

Personal LoansBusiness Credit CardDebt PayoffFinancial SacrificeNursing CareerLegal Gray AreaText Message EvidenceStupid TaxLoan RefinancingFlipping the Narrative
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