Mary sought advice from Dave Ramsey on “The Ramsey Show” after being left responsible for a $29,000 car loan balance she co-signed. Despite earning $61,000 a year, with no savings and $3,000 in credit card debt, she helped make payments on the vehicle. Ramsey warned her that lenders typically pursue those who signed the loan. He advised Mary to direct creditors to the borrower, who was expecting a settlement, and to negotiate a settlement for less than the full amount owed if necessary.

Read more at Yahoo Finance: ‘I Was An Idiot,’ 60-Year-Old Says As Dave Ramsey Confronts Her $29K Jetta Repo Fallout After Co-Signing For 43-Year-Old Ex