Quote:
Originally Posted by ime102416
........ I signed as a guarantor for the lease. The landlord said my daughter is responsible but we can't pay for the rent because she's not going to occupy it. And besides, I cannot afford to pay it too. ........
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There is an important lesson here. Never cosign for things you can't afford to pay for. You signed a contract, so you are on the hook for the payments.
Read the lease and see if it gives a procedure for breaking the lease. If it does, pay the lease break fee and be done with it.
You are not going to be walking away from this scot free. You made a mistake in signing for something you can't afford, and now you are going to pay for your mistake.
(The kid couldn't get Pell grants or scholarships to make up the difference of not getting the loans?)