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Serious_Square_9025 OP t1_je0s2rs wrote

Reply to comment by dmcand3 in Need a way out of credit debt by Serious_Square_9025

I've heard there's some benefits to leasing versus financing, but I'll take your word for that. Either way. Can't get rid of the cars, and they aren't the problem anyway.

And I get the excuses thing. I am trying to salvage a situation without alienating family or losing entirely what I have built for myself. It'd be easier if I could just pass off her portion to her and get it off my accounts, but outside of legal action, I don't see that happening.

I was hoping for some option that would do anything similar to that but I guess there just isn't anything.

Thanks for your advice. It is good advice I just can't force it on her and that's the issue 😞

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dmcand3 t1_je0ssa6 wrote

Again, I’m not saying force anything on your sister. I’m saying have a chat with a grown up (she is a grown up right?). Tell her that your generosity put you in a bad spot and she needs to take control of pay way more to what SHE took advantage of.

Personally I’d sit down with her and explain that you loved to help her, even though I don’t think you helped with anything. But you had generosity to give. List all the CCs smallest to largest and tackle them both TOGETHER one by one, paying extra on the smallest balance and paying minimums on the highest.

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Serious_Square_9025 OP t1_je0ud2i wrote

We have talked. Sadly, in my family, talking doesn't amount to much. At the same time, talking about it anymore only loses us ground.

That's why I send her the reminders every month. Guess that's really the best I can do for now. My loans are nearly paid off. 1 to 2 years.

I was hoping for something faster so I could focus on those, but I guess it just doesn't exist.

It's a rough situation, but I really appreciate you taking the time to give your insight. Overall, it did teach me a huge lesson 🤪

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