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The Ramsey Show Highlights

My Dad Is Holding A Loan Over My Head

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 30 October 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app.

0:04.3

Start budgeting for free today.

0:06.6

So my question has to do with my dad wanting my husband and I to take a $60,000 loan.

0:15.0

That's a parent plus loan he took when I went to college.

0:19.1

Okay.

0:19.7

And at the time, I never made a plan with him to pay it back.

0:26.5

He never said, you know, at this date, you're going to become responsible for this

0:31.6

or anything like that.

0:33.3

I've been married three years now, and we have wanted to help my dad because obviously it

0:39.8

helped me a lot but I'm really really regretting that now and I think like he never said

0:48.6

anything when we got married or anything like that and I think he's just he's had a lot of conflicts

0:53.9

with my husband and the way I see And I think he's just, um, he's had a lot of conflicts with my husband. And

0:56.1

the way I see it, it's like he's just frustrated with us and, um, oh, so you think this is for spite?

1:05.3

I do. Oh. How much can you tell us about the, the context of this resentment? Was it because of financial choices?

1:13.7

No.

1:14.1

Or is he using this as leverage?

1:17.1

I believe he's using it as leverage.

1:20.8

I think if I were to say like, oh yeah, sorry, my husband, this, this and this, just like you say,

1:29.0

then maybe he would be like, okay, just because for the past 12 years, he's been paying on this loan

1:34.2

and has not ever mentioned it.

1:37.2

So what does he not like about your husband?

1:39.3

Where's the beef?

...

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