Hoping for any help covering a loan I guarentored

$6,339 goal

Campaign created 4 months ago
About 6 months ago i had an very close friend approach me and he was in a very difficult place financially and he reached out to me for some help which he had never done in the 13 years i had known him so i knew it was pretty serious. He asked me to be his guarentor on a loan so he could get back on his feet. Of course i agreed to help him as i would do for anyone i considered as close as family. The first 6 months there was no issues and within the last week it had all gone south. I found out he was no longer able to make his payments and when i contacted the loan agency i was informed that the remainder of payment was being placed on me if anything happened where he could not pay. Of course i understand i did agree to that upon signing originally. But this is leaving me with the major issue of a massive montly payment that is going to run me completely out of money. My fiance and i both work fulltime jobs and we have 2 incredible children ages 5 and 2. I have gone to banks and tried to get some help to resolve this issue with possibly taking another loan to pay this off and work out a lower more affordable payment but it was unsucessful. I am extremely concerned about not being able to afford to pay this outstanding debt and be able to put food on the table for my family as i have always been able to do
I totally understand i did this to myself and i probably should have never agreed to something that could potentially cause this grief for my family but all i am asking if for any sort of help to make this payment off. I realize the goal is a very high number but anything that can help would be incredibly appreciated.
+ Read More

$6,339 goal

Campaign created 4 months ago
Your share could be bringing in donations. Sign in to track your impact.
   Connect
We will never post without your permission.
In the future, we'll let you know if your sharing brings in any donations.
We weren't able to connect your Facebook account. Please try again later.
No donations yet. Help launch this campaign and become the first donor.
or
Use My Email Address
By continuing, you agree with the GoFundMe
terms and privacy policy
There's an issue with this Campaign Organizer's account. Our team has contacted them with the solution! Please ask them to sign in to GoFundMe and check their account. Return to Campaign

Are you ready for the next step?
Even a $5 donation can help!
Donate Now Not now
Connect on Facebook to keep track of how many donations your share brings.
We will never post on Facebook without your permission.