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AIBU?

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Original poster

To say to being a guarantor?

86 replies

newmun · 23/01/2019 15:55

I have a new mum friend known about two months

Shes asked me to become a guarantor on a loan ?

I said no but feel bad. Aibu?

OP posts:
MitziK · 23/01/2019 16:40

No no no no no no no no no no no no no no no no (etc)

If she needs a guarantor, she can't afford the loan.

CountessVonBoobs · 23/01/2019 16:39

I wouldn't be a guarantor for anyone, ever, EXCEPT one of my own children who had a bloody good reason for asking AND it was an amount of money I could afford to write off.

It's a huge and frankly cheeky ask. And if you need a guarantor for an unsecured personal loan then you already have bad credit. Say no and feel fine about it.

MacarenaFerreiro · 23/01/2019 16:39

She's a CF to even ask you.

NO WAY on earth would I be guaranteeing her loan.

mbosnz · 23/01/2019 16:38

HELLS NO!!!!

As I said to FIL ad infinitum, no matter the emotional blackmail and pressure he put on us to do so. And would to anyone and everyone that asked.

TheOneAnd · 23/01/2019 16:35

Don't do it. You don't know her!

I felt uneasy about being a guarantor for my son and he's...well, my son!

If it all went pear shaped no one would have any sympathy for you.

If she needs a guarantor she’s got shit credit so is poor at managing her money. Or she could just be very young and not have built up any sort of rating.

Sugarpiehoneyeye · 23/01/2019 16:34

NO, was the correct answer, well done OP.

PlumpSyrianHamster · 23/01/2019 16:33

It's actually a better idea to just give them the money because you know damn well that you'll never see a penny of it again.

And don't loan her anything of value, either, OP. We all had that with BIL over the years, too. It would get lost or broken or someone stole it Hmm. Or agree to go in on a contract with her, phones are a common one. Had that, too. He stopped paying on it so we were held responsible for the phone that he'd sold soon thereafter.

Horsemenoftheaclopalypse · 23/01/2019 16:32

Confused Absolutely no

Romanov · 23/01/2019 16:32

2 months?? sure why not, what on earth could go wrong!?

( i see you have already made your mind up )

FamilyOfAliens · 23/01/2019 16:28

If you watch that show you’ll know that when you’re a guarantor, if the debtor can’t pay the debt becomes yours.

And if the cost of administering the debt increase over time, that becomes your debt too.

I can’t believe she even asked you.

ReanimatedSGB · 23/01/2019 16:27

Not unreasonable at all to say no - you barely know her, so it's not your problem at all. Generally, if someone asks you to be a guarantor and you like the person and want to help, it's actually a much better idea to offer to lend them the sum of money yourself. Because you won't be charging 300APR interest, nor will you be at risk of bailiffs on your doorstep. (Obviously you should only do this if you trust the person and you can afford to do so...)

helpmeoutout · 23/01/2019 16:25

definitely not!

Plabom · 23/01/2019 16:25

Like everyone else is saying - no. No with sprinkles on top.

BlackAmericanoNoSugar · 23/01/2019 16:25

It seems a very odd thing to ask of someone that you haven't known very long. If it was me I would take this as a sign to progress this friendship very slowly and cautiously.

Blooger · 23/01/2019 16:23

Like previous posters I wouldn't do this even for my best friend. You don't know what will happen in the future and all of a sudden you may be liable for someone else's life and bad choices. No way.

PlumpSyrianHamster · 23/01/2019 16:22

I just had memories of that show cant oay well take it away.

GOOD! I'm glad you learned from that. But why the fuck do you feel bad or guilty? WTF? The only person who'd ask someone she knows five minutes to be a guarantor on a loan is an utter chancer.

No way would I do that for anyone but family.

And even then! DH's brother is a compulsive gambler. Even their parents, before they died, had to say no to him. He is still forever trying it on with DH and their two sisters but we won't so much as loan him our car (yes, he asked for that, haaahaaa) because he is completely unreliable.

Fluffycloudland77 · 23/01/2019 16:20

I wouldn’t do it either.

cstaff · 23/01/2019 16:19

I wouldn't even do it for my own family. No way should you do it for a NEW friend!!

TheQueef · 23/01/2019 16:17

If you were guarantor it'd be you on can't pay.

PineapplePen07 · 23/01/2019 16:17

What a CF!

One million per cent no 👎

Pinkbells · 23/01/2019 16:16

No way would I do that for anyone but family.

WrongKindOfFace · 23/01/2019 16:16

Argh, failure to read. No, you shouldn’t feel guilty for saying no.

KatharinaRosalie · 23/01/2019 16:15

Why on earth do you feel bad? It's like asking you to give her money, which she may or may not pay back.

WrongKindOfFace · 23/01/2019 16:15

Say no.

Original poster
newmun · 23/01/2019 16:13

Thank guys. Definitely feel better about saying no!

I just had memories of that show cant oay well take it away.

OP posts:
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