Help!

A question about : Help!

Firstly this is my first post so if im in the wrong section of the forum it is with great apologies.......

A little backround....

Recently I started seeing a girl who was in a long term relationship previous to this. During that relationship her and her partner bought a car together on finance, therefore the credit agreements were in both their names, when they split the lad took the car as she cant drive, proceeded to sell the car then defaulted on the loan as he didnt pay off the finance.

There is only Ј750 outstanding on the agreement but in the last 6 months he has only paid Ј5 off, im guessing this is badly affecting her credit rating?

He keeps saying he is happy to pay off the debt himself bla bla bla but keeps missing payments etc, if he agrees can she have her name taken off the credit agreement so he can sort his own mess out? or should she just pay it off herself for the sake of her long term credit file?

he keeps saying he will set up another direct debit paying Ј5 a month (keeps claiming poverty boo hoo) but at that rate will take 12.5 years to pay off and she cant cope with that.

Ridiculous situation to be in (the folly of youth) but i know its really getting her down and she asks me for advice but my knowledge of this sort of stuff is minimal having never been in this kind of situation, please help

Best answers:

• If the credit agreement was in joint names then she should settle the finance and close the matter now if she wants a reasonable credit rating in 6 years time.
• if he agrees can she have her name taken off the credit agreement so he can sort his own mess out?
• thanks for the advice
• Agree with the above. Best to pay it off herself and save what's left of her credit rating. Then try to come to an agreement for him to repay her, but if he's 'that kind of bloke' it might be best to just forget it.
• Are you sure he's sold the car? If he did, and then defaulted on the loan both the girl and himself would have had the finance company on to them for selling something that didn't belong to them, thereby committing fraud.
  And I would expect an irate buyer of the car coming around to see someone when the finance company repossess the car. And maybe the police.