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Guarantor, any way out?

58
Posted 24th Jun 2013
Please any advice, I agreed to be a guarantor for my best friend of over 20 years for a loan, to cut a long story short she failed to pay twice this year and i have had to pay two missed payments of £108, i really tried to be nice about it but she turned really nasty and is completely ignoring my texts phone calls and letters, i can't afford this and am constantly panicing every month i will have to pay if she doesn't, i have written to the loan company saying i am no longer in a financial position to be her guarantor but they say basically tough ****, there must be something i can do the loan is for another 4 years, I'm screwed!!!!
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