My Dad Pressured Me to Sign for 3 Cars When I Was 21. Now He's Missing Payments and $184K of Debt Has My

At 21, he is earning around $75,000 a year with overtime and says he’s in a great position at work. But hanging over his future is a staggering $184,000 in car loan debt across three vehicles, and every dollar of it is legally in his name.

John, from Houston, explained on a recent episode of “The Ramsey Show” that his dad, who works as a professional chauffeur driving a black SUV for hire, pressured him into signing for the vehicles after making what John called an “emotional financial decision.”

Don’t Miss:

This Jeff Bezos-backed platform lets eligible investors buy fractional shares of rental properties for as little as $100.

There’s More Than One Way To Put Cash To Work. Some Accredited Investors Are Looking Beyond Savings Accounts.