Dear Penny: I helped my daughter buy a car and now she won’t make payments

Three years ago, my daughter had no job, no car and no credit, but she had a brand-new college degree. I helped her purchase a car so she could conduct her job search. I agreed to make the first three monthly payments of $343 each. I set up autopay to bill my bank account. But I put the car title in her name. I didn't want to be liable if there was an accident. Well, duh. That was a big mistake. After three months, even though she was working, she asked for an extension, which I granted. She c
Load More Articles
Close