Co-signer Nightmare

[SonyaW]

In September 2006 my brother co-signed a car for me. All payments were made, only one or two were late, but never missed any. In December of 2007, I was late on a payment and he made me relinquish the car to him. Otherwise he was going to call the cops, blah, blah, blah. I gave him the car back, but it had some small dents and one of the rims were bent. I had insurance on the car but at that time it had expired. So, I gave him the car, I signed papers that took me off the loan. So then he got the car fixed. The damages totaled around $2,600.00. Now I am pretty positive that he then insured the car under his own policy and just paid the deductible. Now I am paying ALOT of money to him each week, and I know that the damages occured in my posession and I am responsible for them. But he never gave me the chance to take the car anywhere to get it fixed. He took the car to god knows where and had it fixed and like I said before, I know that he filed the damages under his insurance policy. Isn't that insurance fraud? I am just mad because I cannot afford these payments each week. And the fact that my own brother is screwing me out of money.

 

[calalily]

How much did you owe altogether for the car and how much did you pay towards the debt including any down payment? Did he give you an itemized bill for the repairs?