Man Threatens To Sue His Parents For Taking Out Student Loans In His Name, Redditors React

“If you’re going to make a big deal about this it’s best if you don’t come home this year”

Maryjane

• Published in Interesting
• June 10, 2023

Student loans assist students in covering financial gaps and providing the necessary finances to cover college costs. To guarantee that you choose wisely and effectively how to pay for your education, it's crucial to completely understand the application procedure, loan distribution, and payback obligations related to student loans.

A student loan is a lump sum of money they can spend on tuition or other school costs that they get from the federal government, their state government, or a private company. After students graduate, they must repay that money plus interest.

Many students utilize student loans in addition to scholarships, grants, and work-study programs to pay for their education. If you use student loans sensibly, they can be a useful instrument.

But the OP's parents took out a student loan in his name without even informing him. Why would they do this?

They wanted to buy a boat for $20,000. The OP only got to find out four years later, when he called his dad, that he would be able to make it back for Christmas. Why was the dad telling the OP about it now, four years later?

It's because they can’t pay it back. In fact, they never paid any of it back.

They kept putting it in forbearance, but that has already run out, and now the OP is thinking about suing them.

The headline

The OP knows his parents got a good deal on it and they have used it a lot

“If you’re going to make a big deal about this it’s best if you don’t come home this year”

She would need to immediately pay off the entire loan and show the OP proof

And the comments roll in...

The OP's parents really messed up

Using them in the police report

The OP's life is better without his parents in it

They're going to be in a world of both legal and financial trouble

The OP's parents chose between him and a boat

That losn will come right off the OP's report

They may go to prison for it but it's their fault

They let it default before telling the OP

This Redditor would be going to the police not to a civil lawyer

The OP should check his credit reports by all means

The OP is a victim of a felonious crime

They haven't left the OP a way to not involve the authorities

Making them accountable for what they have done

Making sure they didn't generate any additional new accounts that the OP isn't aware of

This will affect the OP's ability to buy a home or car

In addition to everything else, this Redditor would also skip thanksgiving

This Redditor supports the OP decision of suing them

Taking out a loan in their name which they'll have to pay back

Many Redditors believed that once the OP's parents figure out the legal side of things, they're definitely going to have to need to vent and talk it out. Especially since they had to check that they aren't an AH, so there's probably some guilt they're going to be dealing with.

The OP was declared not the AH and you can drop your thoughts about this story below.

Maryjane