The most important part of this is never EVER sign a loan for someone else. No matter what they promise. She tried to do something nice, but it is simply too risky. Want to help someone?. Get them a gift card to Starbucks. If a grown man can't get a loan for himself that is a warning light flashing bright.
Wrong. She should have made sure he was on the loan of the RV, even if he had terrible credit. Being married in this situation would have made very little difference
Being married wouldn’t have really helped this situation. It’s still good advice, but the better advice would be “don’t marry losers”. Because marrying your loser boyfriend before you finance an RV isn’t going to make it any better. But Dave can’t really tell people that so “don’t get a loan with a boyfriend” is a nicer way to put it
Being married has as many pitfalls as not being married, though the pitfalls under marriage are larger and hit harder. Her mistake, like so many others in her situation, was getting a loan for an item for him in only her name. He had no incentive to pay on that loan once they broke up.
They are so right about signing onto things with people you're not married to, I learned that lesson the hard way. My ex begged for both of us to be on the mortgage and when we broke up she tried to take me for all I was worth on the house. She made zero payments and contributed next to nothing to the bills and tried to get a payday out of me. Fortunately my bank helped fast track the quit claim deed and refinance and I was only out $1400 but it could have been much much worse.
Sounds like exactly what would have happened if you guys were married except you would have been required by the courts to have paid your ex half the standing equity in the house as well. Being married does not offer the protections this show claims.
@@boston312What pension he probably doesn't even pay taxes. She got him the RV so he would go to work. When she had enough of him she kicked him out. He retaliated by quiting his job and leaving her the RV if they were married he would have gotten more.
That money goes to Starbucks, Sephora, restaurants, subscriptions, car leases, and other dumb stuff. I swear..... Everyone should be required to live on $25k for a few years.
she does not need to do food delivery when she's a nurse. she can always do overtime or work at a second hospital on her off days to make significantly more.
They act like door dash is great, they don't realize (as someone that tried it for three months last year) people don't tip shit anymore, and i was literally bareky breaking even, by the time I put a full tank of gas in my car and ran deliveries I was making equal to what I paid in gas.... delivery driving does not pay shit!!!
@@Pizzageek-jc4xp maybe so, but they preach it to every one that calls to go start Uber, or Doordash, or any other delivery service. What they fail to tell people is there is always a wait list to even get accepted for the service, it took me two months last year before I finally got an opening at grub hub, then did that for three months and made maybe at best an additional $80 bucks after I subtracted fuel cost. Delivery driving only pays if you're doing full time and you can block out entire chunks of schedule. People trying to get into it part time won't make any substantial additional income. It's just not a reality.
She's clearly just book smart smh. Ppl know this and just use her. She def sounds like a pushover. And sadly I don't think she's learned her lesson. She NEEDS to start therapy to figure out WHY she keeps letting ppl use her.
Telling her to drive uber when she is a nurse is just silly. Nurses have plenty of opportunity for extra work. One extra hour as a nurse pays 3-10 hours of uber.
@@dontworry1568being out for yourself can often mean hitching yourself with someone else, cuz that total relationship makes yourself better off. But yea, people definitely need to learn about relationship red flags, finance, and scams and teach their kids about them before the kids learn the hard way with $1000’s of rv payments.
I’ve seen so many ruin their lives by doing these kinds of things. If you suggest not moving in or having kids until marriage they call you backwards and out of touch. Hilarious.
My son and his fiancée bought a townhouse together. Neither is able to afford the mortgage payment on their own. They got a good interest rate so the payment is cheaper than rent. They broke up and she is living with family. My son can’t afford the payment nor to rent a place on his own. Luckily she is still paying half because she doesn’t want to ruin her credit. What a tangled web.
@@genevadelp5055I doubt he can afford to buy her out if he’s already struggling with the payments. A buyout is a lump sum payment, not a monthly payment plan. 😂
Here's the saddest part about this. If she was "married to him" for 10 years instead of "with him" for 10 years, when she became 62 (minimum age retirement to collect social security) she would have qualified for "spousal social security" which means she would have received half of his social security automatically, if he had been the higher earner. You receive this if you have been MARRIED for at least 10 years. It he's in the oil field, he hopefully is making good money. People think being married is "just a piece of paper". Um. It's more than that!
I did the same thing.... bought a damn RV to try and make my ex happy so we could go travel which is what she wanted to do.... wasn't married... relationship failed, and im stuck with it..... learned the incredible hard way to not buy stuff when you're not married. Also, delivery driving is a joke!!! Stop telling people to go do it like they will make any kind of additional income! I tried doing delivery sriving through grubhub last year for roughly 4 months, i didnt make any money because peopw dont tip!!! By the time i put a full tank of gas in my car which i add is a toyota corolla, i was barely breaking even!! Peoplw dont tip, you do not make any amount of substantial addtional income delivery driving, stop pushing this crap!
I hope she's getting child support for these kids! She seems like she's a patsy and probably didn't demand it from the baby-daddy. And are these kids of the guy who left her with the RV?
Didn’t she say it was for work? I know people who work in oil or construction that use an RV to park at a site and live out of while working for months at a time. I definitely agree RVs are dumb for most people, but they do have a few uses. Of course with the legal loopholes the RV industry has, they are toxic buys to start with. I love forced arbitration agreements.
Girl is a mess, she needs to grow a backbone or this is going to keep happening. She got with a guy, got knocked up 2X, he never marries her, has her get him a really nice tailer, then dumps 18,000 of debt on the person caring for his kids.
You are misstating their position. Their position is they do matter which is why you need to get rid of it as soon as possible. They wouldn't tell you not to have a credit score if it didn't matter @@jimmymcgill6778
@@jimmymcgill6778They don’t want people to place emphasis on having good credit because it requires going into debt, but they also don’t want you to destroy your credit history with a repossession. It makes perfect sense to me.
2nd income for a nurse: most big health providers have off-hour/overnight call lines for patients. remote, stay at home, at night and get very near bedside nurse wages. I'm speaking because my wife is an RN and works from home. a couple nights and some weekends, per pay period
@@sherbrownsf2 how do know that she isn't getting child support. They are giving bad advice why pay off the furniture lone when it's 0% interest and the person she helped get it is paying it off. First she needs to deal with RV. Either sell it and lose the money or register with a RV rental company. They can find her people that like to drive cross country.
My ex husband left me with an RV debt after our divorce. I called the finance company and they tried so hard working with me and helped a lot. I tried but still couldn’t afford. I called and asked them for a voluntary repo and made a deal if they took it to auction to sell it. They came and got it, sold it and sent me a letter writing it off the balance. I did have to pay taxes on that amount. I believe I had heard that advice to someone else from Dave on his show
This makes no sense. Pay off the 0% interest debt instead of lowering the RV loan debt that probably has 6-10% interest. Such rigidity with the rules even when it doesn’t make financial sense
Made $130k in 2022 and only $10k in savings. Being a nurse is hard work. Don’t resort to financing everything, especially for other people. Don’t waste your resources. She’s got a great income. Don’t give it away!
She makes good money. She can work her way out of this. She was too nice but must promise herself NOT to co-sign for anybody. People with bad credit got there by not paying their bills.
She was _dating_ a guy for 10 years, has a 9 year old and a 3 year old kid, and bought an RV for him? For someone who keeps getting into long-term commitments, she sure seemed to avoid the most obvious one that she should have gotten into 9 years ago.
So, how exactly would they having been married and now divorced changed the situation? If the loan was only in one person’s name, and the other one walks away, this is exactly how it would play out. She should have made sure he was on the loan too. Being married and now divorced would mean nearly nothing to the lender.
Pregnancy before marriage makes a girl do more dumb things in order to support the child and then she's trapped and hormones and romance and another baby all make people make stupid choices
@@barnabusdoyle4930 A legal divorce in most states splits the assets and liabilities equally. And most married people both sign contracts for big loans
A better idea would be to set the RV up in a way that could be rented out as a living space or just rent out the RV to people traveling. It’s just straight up bad advice to be out 18k when creative solutions exist.
I don't understand the philosophy of paying off the bedroom set if it's zero interest only to turn around and take out an 18k loan with interest as opposed to taking her available savings and putting that towards the 18k that she'll owe on the RV if she sells it. She'll still have to take out a loan but it'll be interest on $8k versus 18k.
She's a nurse with kids. Uber and side hussles really aren't an option. And she makes over $100k. And why are these two suddenly worried about her credit score? Surrender the RV, pay the difference, wash your hands of it.
I would take him to court to see if I could get him to pay half the cost. It’s worth a try. Together for 10 years the judge may consider that time period.
what you guys are missing, that you may not be allowed to ask... gabriella is a legal resident in the USA. Everyone she is buying stuff for is not. so its not illegal to pile all this debt onto one person. What she is finding out is that words dont mean anything and she has no legal recourse. My exwifes mother was this way. she had multiple cars and a few houses under her name that motherinlaws family was paying for.... only my exwife and her mother were legal. all the aunts and uncles were illegal.
I’m confused here. Pay off a zero % interest loan and take out a high interest loan to pay off the RV. Correct me if I’m wrong….The ex is the girls father based on the dates. Take him to court for child support and see if the court can make him pay off the RV which he used to make a living. This girl is a hot mess that needs a complete life makeover, not just her finances.
He brought it back because he doesn't want to work this way he can just milk the system and not pay child support. She only got the RV so he would work. She got tiered of being a door mat and kicked him out. He just quit his job brought the RV back and provably left the country or moved out of state. All of this because she wanted him to step up
The dude has wasted her life for a decade. But she can move on now, get rid of this mess with hard work and trust no one when it comes to her finances.
A car and RV is not asset. It never been in a good or bad market. So, the minute you leave a dealership the car values drops. Think before you decide do buy a vehicle of any sort.
Construction workers / oil rig workers living in a camper while out in the fields is a common practice. However, living in a camper puts a lot more wear and tear on the unit than the camper that is used a few weeks out of the year going camping. So..... I would venture a guess and say this camper is not worth book value. Once again, Ramsey folks tell callers to go get an unsecured personal loan to cover the delta between the old loan value and the sales price. Has anyone actually gotten a loan such as this and in the amounts we're talking about here? And if so, what were the interest rates?
Private sale of a high value RV is difficult! Take to a dealer and mark down the price to move it fast. RVs are money pits! Take the loss and move own. The problem of private sale is there are few people that can pay in cash, so you need a dealer for a loan to the buyer.
What does not being married have to do with anything? Married people have to pay their debts too. If they had been married and got divorced, the court would have said he can't afford the payments on the RV so would have given the RV and the debt on it to her. She would have been in exactly the same position.
My boyfriend told me, he would never propose to a woman before dating her a couple years. I told him that I would never want to be with a man who takes more than a year to know wether he wants me to be his life partner or not. He proposed two months (or so) after and now we are happily married. Don't wait around for a guy who can't get his act together.
They didn’t ask her how much equity she has in her home. She could get a HELOC and pay everything off and have a single low interest loan/payment that she could probably knock out in a year if she works some overtime.
Um he didn't leave you an RV you went to an RV dealer and payed them a bag of borrowed money to purchase an RV so now you own an RV not too complicated. You're lucky this unemployed boyfriend is at least respectful enough to return the RV in good condition some people would have hidden the thing and lived in it another 10 years while you paid it off.
I have a friend that works Door Dash and can make up to $300 a day, but only if he works from 8 am to ten pm. He usually gets from $100 to $200 in these hours, but 2 to 4 hours not much.
She did this to herself. She's making it out like it was something he did to her. She signed up for the RV for him. That's on her. I can't fathom buying a gift for a significant other that costs over $100. She can't manage her money.
Just for informational purpose, how different would it be if they were married and the husband does this and a divorce? (Assuming they dont care about tanking credit)
@@captainviper3888I understand co signing is different in that if one person doesn't pay, the other is liable for the entire loan. The divorce settlement would cut the loan in half, so to speak, and you are only liable for your half.
@@captainviper3888 sure if she was smart enough to do that. Unfortunately she wasn’t. Marriage means if he doesn’t sign the loan he’s still responsible for it.
Well her name is on the title. So it's her's. What type of RV is it? I think she may be able to get more then 30k for it. She makes 130k a year. Maybe 100k after taxes. She does not need another job.
The most important part of this is never EVER sign a loan for someone else. No matter what they promise. She tried to do something nice, but it is simply too risky. Want to help someone?. Get them a gift card to Starbucks. If a grown man can't get a loan for himself that is a warning light flashing bright.
Sorry ladies…if a man hasn’t proposed to you within 5 years and he isn’t under 25…he doesn’t want to marry you 🤷♂️
Preach
even if the guy proposes, the engagement could last even longer and he could leave then too.
5 years??? Paint or get off the ladder. At 1 year you better be having conversations about marriage or parting ways.
Period!
Yeah right.
Helping loosers in family don’t really help them. It teaches them that there are no consequences.
What's a looser?
@@todd2456The opposite of a tighter.
Yet another idiot that doesn't know the difference between 'lose' and 'loose'.
@@dickfitzinya3082 😂😂😂
@@todd2456 Ahhh, you beat me to it.
No you left yourself with an RV payment, you signed paperwork with a "roommate", until your married you don't buy anything with anyone......
Wrong. She should have made sure he was on the loan of the RV, even if he had terrible credit. Being married in this situation would have made very little difference
@@barnabusdoyle4930shoulda, coulda and woulda 🤷🏼♂️. The bottom line is she didn’t do those things and is now dealing with the consequences.
Being married wouldn’t have really helped this situation. It’s still good advice, but the better advice would be “don’t marry losers”. Because marrying your loser boyfriend before you finance an RV isn’t going to make it any better. But Dave can’t really tell people that so “don’t get a loan with a boyfriend” is a nicer way to put it
Yup!
Dating for 10years without getting married is crazy!
It’s the new way.
I concur.
Tbh is not like they weren't going to break up anyway
I’m hoping to be with my boyfriend long term. No way we are getting marrried. Also, I would never sign a loan for anyone.
Being married has as many pitfalls as not being married, though the pitfalls under marriage are larger and hit harder. Her mistake, like so many others in her situation, was getting a loan for an item for him in only her name. He had no incentive to pay on that loan once they broke up.
1st red flag-don’t EVER date someone for 10 years. If marriage isn’t in the table, RUN!
They are so right about signing onto things with people you're not married to, I learned that lesson the hard way. My ex begged for both of us to be on the mortgage and when we broke up she tried to take me for all I was worth on the house. She made zero payments and contributed next to nothing to the bills and tried to get a payday out of me. Fortunately my bank helped fast track the quit claim deed and refinance and I was only out $1400 but it could have been much much worse.
Sounds like exactly what would have happened if you guys were married except you would have been required by the courts to have paid your ex half the standing equity in the house as well. Being married does not offer the protections this show claims.
How different would the options be if they cosigned instead
She would have got more out of you if you were married including your pension, assets and alimony
@@boston312What pension he probably doesn't even pay taxes. She got him the RV so he would go to work. When she had enough of him she kicked him out. He retaliated by quiting his job and leaving her the RV if they were married he would have gotten more.
133k per year and you had to finance an rv, lease a car, and loan on furniture. With a 133k yearly income she would be saving atleast $75k per year.
That money goes to Starbucks, Sephora, restaurants, subscriptions, car leases, and other dumb stuff. I swear..... Everyone should be required to live on $25k for a few years.
You signed on the dotted line it’s YOUR obligation!
Accountability is like Kryptonite to some people.
signing to buy toys but not signing a marriage certificate? wow!
Nobody left you with anything. You left yourself with a payment 😂
exactly
YES. 🙏🏾💪🏾👍🏾
Well stated, Dropping TRUTH BOMBS.
Never underestimate a woman's ability to not take any accountability.
she does not need to do food delivery when she's a nurse. she can always do overtime or work at a second hospital on her off days to make significantly more.
Who wants to work overtime on off days? Food delivery it is!
They act like door dash is great, they don't realize (as someone that tried it for three months last year) people don't tip shit anymore, and i was literally bareky breaking even, by the time I put a full tank of gas in my car and ran deliveries I was making equal to what I paid in gas.... delivery driving does not pay shit!!!
I think George just meant that she's got to find some way to earn some extra money.
@@Pizzageek-jc4xp maybe so, but they preach it to every one that calls to go start Uber, or Doordash, or any other delivery service. What they fail to tell people is there is always a wait list to even get accepted for the service, it took me two months last year before I finally got an opening at grub hub, then did that for three months and made maybe at best an additional $80 bucks after I subtracted fuel cost. Delivery driving only pays if you're doing full time and you can block out entire chunks of schedule. People trying to get into it part time won't make any substantial additional income. It's just not a reality.
Exactly. There are plenty of nursing jobs.
She's clearly just book smart smh. Ppl know this and just use her. She def sounds like a pushover. And sadly I don't think she's learned her lesson. She NEEDS to start therapy to figure out WHY she keeps letting ppl use her.
She has no backbone. She has a hard time telling people “no”.
You signed it so it's your respobsibility.
Also, having an RV can be really handy! It's a home with wheels, essentially.
Most women don’t know how to take care of it. Her BF probably returned it to her full of poop. I doubt she will know how to pump the poop out. 😂
Telling her to drive uber when she is a nurse is just silly. Nurses have plenty of opportunity for extra work. One extra hour as a nurse pays 3-10 hours of uber.
She needs to take the bio dad to court for child support. NOW!
Chad and Tyrone arnt very good with money tho…
@@Project-Masculinityhe’s probably latino my dude
@@TonyCox1351 Chad, Tyrone and Javier then.
I’m pretty sure part of that big income mentioned is child support. Probably more than half
They are in jail
I’m pushing 40 and it still actually blows my mind how people would be idiotic enough to do this outside of marriage
sounds like you learn just as fast as all these other sillys.... pushing 40 and you still dont understand everyone is out for themselves.
@@dontworry1568 dang it, you got me. Hopefully we can all be perfect legends like you, random internet user.
@@dontworry1568being out for yourself can often mean hitching yourself with someone else, cuz that total relationship makes yourself better off.
But yea, people definitely need to learn about relationship red flags, finance, and scams and teach their kids about them before the kids learn the hard way with $1000’s of rv payments.
She had kids out of wedlock. She signed two loans. Decisions have consequences.
Next caller: I want to buy an RV and someone is selling one for 30k. What should I do?
Offer 20 😂
As a nurse, she should be able to get all the overtime she wants.
No kidding! Book her a room in the hospital and she's set.
(Those hospital rooms are very comfortable, says this former CNA)
If the rv has a book price of 30k, the bank will sell it for under 10 and come after you for the difference. Plus a bunch of additional charges.
Don't buy ANYTHING with someone you aren't married to. How many times do you need to be told this???
Marriage wouldn’t have changed this problem so
@oboe23able Yes, it would have. She wouldn't have been on the hook alone. Being unmarried lets him get away free while she pays the price.
Maybe a pizza... lol
Yall are going to learn to stop playing house..
I’ve seen so many ruin their lives by doing these kinds of things. If you suggest not moving in or having kids until marriage they call you backwards and out of touch. Hilarious.
@@butlerbees6639 Person responsibility is considered oppressive now
no they won’t lol they never learn until they get screwed and it’s too late
Some of us learned to not get married. I spent 500k divorcing my deadbeat ex. Never again.
@@catherinewilke5583 jesus christ marriage isn’t like that unless u pick the wrong person… u can’t just generalize the whole experience like that 💀
My son and his fiancée bought a townhouse together. Neither is able to afford the mortgage payment on their own. They got a good interest rate so the payment is cheaper than rent. They broke up and she is living with family. My son can’t afford the payment nor to rent a place on his own. Luckily she is still paying half because she doesn’t want to ruin her credit. What a tangled web.
He should get a few roommates and buy her out
@@genevadelp5055I doubt he can afford to buy her out if he’s already struggling with the payments. A buyout is a lump sum payment, not a monthly payment plan. 😂
@@TansterRE Would need to refinance or something, obviously. No one that does buyouts just has a huge sum of money laying around.
😂😂😂😂 Hahaha “well I guess you’ll never do that again!” Too funny. Rachel is hilarious. She just won’t learn.
Here's the saddest part about this. If she was "married to him" for 10 years instead of "with him" for 10 years, when she became 62 (minimum age retirement to collect social security) she would have qualified for "spousal social security" which means she would have received half of his social security automatically, if he had been the higher earner. You receive this if you have been MARRIED for at least 10 years. It he's in the oil field, he hopefully is making good money. People think being married is "just a piece of paper". Um. It's more than that!
She also would not be allowed to remarry before age 62 in that scenario or she would not qualify for spousal benefit
Total BS anyone can marry any time but they would fall under the new spouse@@DoctorSmartyPants
she can marry anytime she would be under the new spouse benefit@@DoctorSmartyPants
If he was making good money he wouldn't have needed her to buy the RV...
Makes no sense for a nurse to do Uber or DoorDash, she can make $40+ easily at any PRN job as a RN.
Make stupid choices expect stupid consequences 🤷♂️
Play Stupid Games, Win Stupid Prizes….
I did the same thing.... bought a damn RV to try and make my ex happy so we could go travel which is what she wanted to do.... wasn't married... relationship failed, and im stuck with it..... learned the incredible hard way to not buy stuff when you're not married.
Also, delivery driving is a joke!!! Stop telling people to go do it like they will make any kind of additional income! I tried doing delivery sriving through grubhub last year for roughly 4 months, i didnt make any money because peopw dont tip!!! By the time i put a full tank of gas in my car which i add is a toyota corolla, i was barely breaking even!! Peoplw dont tip, you do not make any amount of substantial addtional income delivery driving, stop pushing this crap!
They are probably sponsored by Uber and Doordash. So they have to mention them every once in a while. Easier than cutting to commercials.
Sorry I meant to agree with you you are so right
This lady has no responsibility - kids with no marriage, having money out to others, a car lease... It's just crazy!!
Welcome to the channel. Helping people like this is what it's all about. "Let he who is without sin..."
I hope she's getting child support for these kids! She seems like she's a patsy and probably didn't demand it from the baby-daddy. And are these kids of the guy who left her with the RV?
Best choice is drive the RV into a hurricane and bail out... Let insurance pay the loan off.
"I need a $100,000 plastic turd box to go camping because I like to watch TV when enjoying the outdoors"
Accurate 😂😂😂
Didn’t she say it was for work? I know people who work in oil or construction that use an RV to park at a site and live out of while working for months at a time. I definitely agree RVs are dumb for most people, but they do have a few uses. Of course with the legal loopholes the RV industry has, they are toxic buys to start with. I love forced arbitration agreements.
Tent = $200
Girl is a mess, she needs to grow a backbone or this is going to keep happening. She got with a guy, got knocked up 2X, he never marries her, has her get him a really nice tailer, then dumps 18,000 of debt on the person caring for his kids.
"That would go on your credit" Rachel just said that. 🤣
These people always say that. But then they say credit scores does not matter.
@@jimmymcgill6778 i mean if you do pay your bills or have no credit you have nothing to worry about with your credit
You are misstating their position. Their position is they do matter which is why you need to get rid of it as soon as possible. They wouldn't tell you not to have a credit score if it didn't matter @@jimmymcgill6778
@@jimmymcgill6778They don’t want people to place emphasis on having good credit because it requires going into debt, but they also don’t want you to destroy your credit history with a repossession. It makes perfect sense to me.
The only good credit is no credit. Credit scores only exist in backwards hellholes like the USA.@@bebop504
Never hook up financially with anyone where you can get stuck holding the bag. Basically, trust no one when it comes to money. Don't be gullible.
2nd income for a nurse: most big health providers have off-hour/overnight call lines for patients. remote, stay at home, at night and get very near bedside nurse wages. I'm speaking because my wife is an RN and works from home. a couple nights and some weekends, per pay period
"Together for 10 years".....what is wrong with people?
She makes $133K and she's alone. Live on $50K and use the $83K to get rid of the debt in one year. So simple.
Not alone. 9 and 3 year old. Child care is high. If she files for child support your plan would probably work.
She chose to have kids out of wedlock.@@sherbrownsf2
@@sherbrownsf2that’s if the dad makes good money and pays 🤷🏽♀️
@@sherbrownsf2 how do know that she isn't getting child support. They are giving bad advice why pay off the furniture lone when it's 0% interest and the person she helped get it is paying it off. First she needs to deal with RV. Either sell it and lose the money or register with a RV rental company. They can find her people that like to drive cross country.
My ex husband left me with an RV debt after our divorce. I called the finance company and they tried so hard working with me and helped a lot. I tried but still couldn’t afford. I called and asked them for a voluntary repo and made a deal if they took it to auction to sell it. They came and got it, sold it and sent me a letter writing it off the balance. I did have to pay taxes on that amount. I believe I had heard that advice to someone else from Dave on his show
best way to go don't know why people call this show they only give bad advice.
This makes no sense. Pay off the 0% interest debt instead of lowering the RV loan debt that probably has 6-10% interest. Such rigidity with the rules even when it doesn’t make financial sense
Made $130k in 2022 and only $10k in savings. Being a nurse is hard work. Don’t resort to financing everything, especially for other people. Don’t waste your resources. She’s got a great income. Don’t give it away!
And she lives in McAllen, TX. One of the cheapest places to live.
And oil rig workers usually make good money - what did they spend it on? With or without him I" glad she's open to studying FPU
I shop at goodwill and walmart and make 54k and have never had trouble with money.
She makes good money. She can work her way out of this. She was too nice but must promise herself NOT to co-sign for anybody. People with bad credit got there by not paying their bills.
She was _dating_ a guy for 10 years, has a 9 year old and a 3 year old kid, and bought an RV for him? For someone who keeps getting into long-term commitments, she sure seemed to avoid the most obvious one that she should have gotten into 9 years ago.
So, how exactly would they having been married and now divorced changed the situation? If the loan was only in one person’s name, and the other one walks away, this is exactly how it would play out. She should have made sure he was on the loan too. Being married and now divorced would mean nearly nothing to the lender.
Pregnancy before marriage makes a girl do more dumb things in order to support the child and then she's trapped and hormones and romance and another baby all make people make stupid choices
@@barnabusdoyle4930 wrong....she could negotiate him taking some of the debt in the divorce decree
@@barnabusdoyle4930 A legal divorce in most states splits the assets and liabilities equally. And most married people both sign contracts for big loans
I think she’s realized that now. That’s completely irrelevant to this call.
Did I just hear TAKE OUT A LOAN to get rid of it. Don’t let it go back because it will RUIN YOUR CREDIT. 😮😮😮
A better idea would be to set the RV up in a way that could be rented out as a living space or just rent out the RV to people traveling. It’s just straight up bad advice to be out 18k when creative solutions exist.
Then you risk someone trashing it
@@karlabritfeld7104Your already loosing money to a payment. Selling it right now is going to be near impossible.
If you had to sign the loan for him, that should have been a huge red flag
Sucks to see someone so sweet do this to herself financially. Shame on the losers in her life who have taken advantage of her weakness.
Caller 2: ".. there is no covid crisis so that is how it works."
George: "Not if I can help it." Thought for sure he was going to bring back covid.
I don't understand the philosophy of paying off the bedroom set if it's zero interest only to turn around and take out an 18k loan with interest as opposed to taking her available savings and putting that towards the 18k that she'll owe on the RV if she sells it. She'll still have to take out a loan but it'll be interest on $8k versus 18k.
Stop letting everyone Use your Name & Credit & No Do Not Drain. Your whole savings account 🤦🏽
She's a nurse with kids. Uber and side hussles really aren't an option. And she makes over $100k. And why are these two suddenly worried about her credit score? Surrender the RV, pay the difference, wash your hands of it.
I would take him to court to see if I could get him to pay half the cost. It’s worth a try. Together for 10 years the judge may consider that time period.
what you guys are missing, that you may not be allowed to ask... gabriella is a legal resident in the USA. Everyone she is buying stuff for is not. so its not illegal to pile all this debt onto one person. What she is finding out is that words dont mean anything and she has no legal recourse.
My exwifes mother was this way. she had multiple cars and a few houses under her name that motherinlaws family was paying for.... only my exwife and her mother were legal. all the aunts and uncles were illegal.
you are provable right she is try to help her family because she has a good job.
I can't tell you how many times this has happened to me!
You must have several RV’s parked in your yard.
Hell yeah! Open an RV business!
I’m confused here. Pay off a zero % interest loan and take out a high interest loan to pay off the RV.
Correct me if I’m wrong….The ex is the girls father based on the dates. Take him to court for child support and see if the court can make him pay off the RV which he used to make a living.
This girl is a hot mess that needs a complete life makeover, not just her finances.
He brought it back because he doesn't want to work this way he can just milk the system and not pay child support. She only got the RV so he would work. She got tiered of being a door mat and kicked him out. He just quit his job brought the RV back and provably left the country or moved out of state. All of this because she wanted him to step up
People have to take responsibility for their actions.
Her signing the contract for the RV is on her and not on her ex.
I did the exact same thing...NEVER AGAIN!
Financing a 3k+ bedroom set for someone else is actually insane
The lesson you should learn is to stay single.
The dude has wasted her life for a decade. But she can move on now, get rid of this mess with hard work and trust no one when it comes to her finances.
Rent it out as an AirBnB to pay off the loan!
your so right good advice
A car and RV is not asset. It never been in a good or bad market. So, the minute you leave a dealership the car values drops. Think before you decide do buy a vehicle of any sort.
Construction workers / oil rig workers living in a camper while out in the fields is a common practice. However, living in a camper puts a lot more wear and tear on the unit than the camper that is used a few weeks out of the year going camping. So..... I would venture a guess and say this camper is not worth book value.
Once again, Ramsey folks tell callers to go get an unsecured personal loan to cover the delta between the old loan value and the sales price. Has anyone actually gotten a loan such as this and in the amounts we're talking about here? And if so, what were the interest rates?
Typical situation.
Boyfriends/Girlfriends & Family members....geesh...😂
If you are going to "play house" without getting married, you get to deal with the consequences.
caller: You owned the RV the entire time. This is even worse than co-signing!! caller you owned yourself!!
Private sale of a high value RV is difficult! Take to a dealer and mark down the price to move it fast. RVs are money pits! Take the loss and move own. The problem of private sale is there are few people that can pay in cash, so you need a dealer for a loan to the buyer.
Private party sales don't have to be cash only.
Ya, don't pay the zero interest first.
What does not being married have to do with anything? Married people have to pay their debts too. If they had been married and got divorced, the court would have said he can't afford the payments on the RV so would have given the RV and the debt on it to her. She would have been in exactly the same position.
Just buy the car for the residual when the lease expires.
Did I just hear George say "take out a personal loan"?
The lesson here is co sign for NO ONE. NO ONE. NO ONE!!!!!!! EVER.
Rachel just told her not to let it get repo"d because it will hurt her credit
They completely forgot to ask about the kids dad and their contribution to his children.
Paying off loans in order of size, regardless of the interest rate....... how does this make financial sense?
It doesn't
They have two kids together?😢
My boyfriend told me, he would never propose to a woman before dating her a couple years. I told him that I would never want to be with a man who takes more than a year to know wether he wants me to be his life partner or not. He proposed two months (or so) after and now we are happily married.
Don't wait around for a guy who can't get his act together.
Why brag about your salary talking about how it decreased from 2022? Likely a travel nurse.
Early return the lease is stupid, try sell the rv, kep the lease till it ends and get a good car and finance it or whatever
They didn’t ask her how much equity she has in her home. She could get a HELOC and pay everything off and have a single low interest loan/payment that she could probably knock out in a year if she works some overtime.
HELOC is adjustable rate, and currently in 9% range, ouch.
Is the "boyfriend" the father of her kids ????? No discussion about that and child support?????
Um he didn't leave you an RV you went to an RV dealer and payed them a bag of borrowed money to purchase an RV so now you own an RV not too complicated. You're lucky this unemployed boyfriend is at least respectful enough to return the RV in good condition some people would have hidden the thing and lived in it another 10 years while you paid it off.
Sell it. It is really simple.
move out of her current place and move into the RV. Done.
Stop doing loans for people! Grow up and be responsible to yourself. Love yourself first, not others.
I have a friend that works Door Dash and can make up to $300 a day, but only if he works from 8 am to ten pm. He usually gets from $100 to $200 in these hours, but 2 to 4 hours not much.
And how miles does he put on his vehicle? I bet he doesn't clear $150 once you figure in vehicle expenses.
@@GDuncan8002and that's probably before taxes roo
That budget app is not available in my area?? I live in NC?
So she doesn't want to be responsible for the RV she bought and the contract she signed. Tough.
It's as though some well off people just want to be poor
sell the house and bedroom set and go live in the rv till it's paid off.
At least he brought it back to her. Who knows what’s going on with Sarasota Tim’s.
She did this to herself. She's making it out like it was something he did to her. She signed up for the RV for him. That's on her. I can't fathom buying a gift for a significant other that costs over $100.
She can't manage her money.
I'm in Canada and common law is the same as married in my parts. Why is that not a thing there in more places? Get with the times
How can a 10 year old RV still have a value of 30k?
Just for informational purpose, how different would it be if they were married and the husband does this and a divorce? (Assuming they dont care about tanking credit)
They would have it split the debt in a divorce in most states.
So if you co-sign the loan and NOT married would it accomplish the same thing?
@@captainviper3888I understand co signing is different in that if one person doesn't pay, the other is liable for the entire loan. The divorce settlement would cut the loan in half, so to speak, and you are only liable for your half.
@@captainviper3888 sure if she was smart enough to do that. Unfortunately she wasn’t. Marriage means if he doesn’t sign the loan he’s still responsible for it.
@@captainviper3888no, because there are no "breakup" decrees that exist in the court system. Only divorce decrees.
Who buys an RV just to drive around?
Well her name is on the title. So it's her's.
What type of RV is it? I think she may be able to get more then 30k for it.
She makes 130k a year. Maybe 100k after taxes. She does not need another job.
Sell it
Country songs write themselves.