Getting (some) satisfaction after losing money

[Stella Tortoise]

OddCat said:

.....because they often have wealthy parents who will clear the liability in the case of any 'issues' rather than allowing their little darling to incur a CCJ ?

Anyhoo. Did we get to the bottom of this 'friend' situation ? Was it one of these 'friends with benefits' scenarios where the debtor is an absolute babe and the Op's stepson was, errrm, distracted ? That might at least make this whole thing make some sense !

That's not how these decisions are made.

Same goes for the other poster who thinks that students are a safe bet financially.

My suspicion is that the OP's son (or his chum) has been less than truthful on the application for the loan.