My friend cosigned a loan for a BMW, but the driver defaulted. They’re both on the hook for $5K. What happens now?

marketwatch.com/story/my-friend-cosigned-a-loan-for-a-bmw-but-the-driver-defaulted-theyre-both-on-the-hook-for-5k-what-happens-now-e53e88a5

“The driver thinks he should be compensated $1,500 for the tires he’s still paying for.”

This story appeared on marketwatch.com, 2025-11-29 18:05:00.
The Entire Business World on a Single Page. Free to Use →