Do I have to keep making payments on a car loan that my ex-boyfriend and I took out before we broke up?

"I took out a joint car loan with my boyfriend at the time for $5,000. After we broke up, he kept the car.

Flash-forward a year: He's stopped making payments on the car and says I need to pay them.

Can I stop making payments on the car loan?"

“No matter how you feel about the break up, don’t stop making payments on the car loan. Doing so will only make the situation worse.
Because you’re both on the loan, you have little recourse as far as payments. If you don’t pay, it could tarnish your credit for the next seven years.
The best advice is to get the car paid off as quickly as possible. Because $5,000, minus the amount you’ve already paid, isn’t a ton of money in the grand scheme of your entire life, you’ll have to just bite the bullet to preserve your credit.”
Eric Schad
Answered on May 26, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.

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