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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
Whatsnewpussyhat · 23/01/2019 16:12

Of course you should do that for your new BFF. (Who will then fuck off and leave you responsible for the debt)

Hereward1332 · 23/01/2019 16:12

There's a reason she is asking someone who doesn't know her or her financial habits well

KlutzyDraconequus · 23/01/2019 16:10

I wouldn't do it for a family.memeber, let alone some chuckle fuck I'd just met.

Topseyt · 23/01/2019 16:10

Absolutely right for you to say no.

There is no advantage to you in being a guarantor, only potential cost and hassle if she should default on her repayments.

The only time we have ever been guarantors was for our student DD1 while she was still at uni. She needed to rent a house with friends as her time in hall came to an end. We had no choice really, or she would have been on the streets. I wouldn't do it for anyone else though.

YetAnotherUser · 23/01/2019 16:10

My stock answer for this sort of thing is "I'm very flattered you asked, but unfortunately I'm not in a position to be a guarantor to anyone."

ISdads · 23/01/2019 16:10

Yabu to feel guilty. Why do you feel guilty??????????

BarbaraRoyale · 23/01/2019 16:09

I wouldn't and I'd not feel guilty for saying no

AWishForWingsThatWork · 23/01/2019 16:09

Hell no!

You would be responsible for every pence she owes under the contract/loan if she decides not to pay it/can't pay it!

gamerwidow · 23/01/2019 16:09

I said no to my sister so yiureentirrly reasonable to say no to someone you’ve only known five minutes.
It’s incredibly risky being a guarantor my mum and my DPs parents are probably the only people I’d trust to act on this capacity for them

Elfinablender · 23/01/2019 16:08

I feel sorry for her, as She obviously has no one else if she's asking mate she's known 5 minutes

Maybe, or all her friends and family know her well enough to keep their finances and hers separate.

Awwlookatmybabyspider · 23/01/2019 16:06

I feel sorry for her, as She obviously has no one else if she's asking mate she's known 5 minutes. However I also don't blame you for saying "No".
I would myself in your situation.
Who's to guarantee that she wouldn't just disappear on an Aeroplane someone with the money. You don't know that.

Poloshot · 23/01/2019 16:06

As yourself if you'd be willing to GIVE her x amount (which is effectively what you'd be doing if you were agreed to her proposal and she defaulted). I assume the answer would be no.

Drogosnextwife · 23/01/2019 16:04

I wouldn't do it for anyone never mind someone I had only known a few months

peachgreen · 23/01/2019 16:04

I would never be a guarantor for anyone other than my own children. Madness.

Elfinablender · 23/01/2019 16:03

Ha, fuck no.

Drum2018 · 23/01/2019 16:03

'Has the cheek to ask again' damn predictive text.

teagivesphoebethetrots · 23/01/2019 16:03

no way!!

wendywoopywoo222 · 23/01/2019 16:02

You would spend a lot more time feeling bad in the future if you had said yes. You definatly the right thing. Don't doubt yourself.

Sexnotgender · 23/01/2019 16:02

Absolutely not!

If she needs a guarantor she’s got shit credit so is poor at managing her money.

Plus you’ve known her like 5 minutes...

Drum2018 · 23/01/2019 16:02

See you already said no - stick to it if she hasn't the cheek to ask again.

Cranky17 · 23/01/2019 16:01

She’s taking the piss even asking.

TopicalUseOnly · 23/01/2019 16:01

She's the one who should be feeling bad for asking you.

Too right you said no. Presumably she asked you because she knows that all the people who've known her for longer and know her better would definitely say no!!

AutumnCrow · 23/01/2019 16:01

Do not feel bad. And do not do this, ever, for anyone except your own trusted adult DC (when the time comes) for accommodation that you know they'll look after.

Drum2018 · 23/01/2019 16:01

Absolutely no unless you want to throw away whatever amount it is she's borrowing - cause that's what will happen when she decides she can't pay and the bank chases you. Who on earth asks such a thing after knowing you for only 2 months. I wouldn't do it for my siblings, let alone someone who is practically a stranger to you.

And when you respond don't apologise!! Just say a straight out No.

Isleepinahedgefund · 23/01/2019 15:59

Good lord no. I wouldn't be guarantor for someone I'd known 20 years let alone 2 months!

Don't feel bad.

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