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The Ramsey Show Highlights

This Is Why You Never Co-Sign on a Loan!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 3 March 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, Kristina Ellis, & Jade Warshaw. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.7

Right now, we're going to go to the phone lines.

0:12.4

We've got Debbie in Huntington, West Virginia.

0:16.0

What's going on in West Virginia, Debbie?

0:18.1

Hello, thank you for taking my call.

0:19.9

You're welcome.

0:30.5

About a year ago, maybe a year and a half ago, I bought a car for my son at Coastline for a car.

0:33.4

It was a 2017 Veloster Turbo.

0:34.2

Okay.

0:41.1

And he drove it for about eight months, making the payments. He has a good job and he goes to work every day. So I was proud of him for that. He makes good money. Okay. And apparently he didn't

0:46.5

have the credit. So they flipped it around and put it in my name and put him underneath me. I didn't

0:51.2

know that though. So meanwhile on the way to vacation, his transmission

0:56.5

goes out, and he's not with me. So they tow it off, and they told him it's going to be $9,000 to fix it,

1:03.1

and it has under $100,000 miles on it. Okay. So it ends up that, they said we didn't have any warranty,

1:10.8

but it ends up, I had it towed back to home

1:13.1

and they said yes you do have warranty on it and the transmission can be replaced but so it was in

1:20.5

limbo for like four or five months without being fixed because it took them forever to get it done okay

1:26.0

then during that time my son lost his license.

1:29.3

How did that happen?

1:32.0

Long distance driving to a girlfriend, and he got tickets for speeding on the interstate.

1:38.9

And so then he lost his license.

1:41.2

Okay.

...

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