Quote:
Originally Posted by Plantman
Having had bad credit in my earlier years, I am trying to avoid him suffering the same fate.
He is willing to pay as he has a job. I'm just trying to help him out a bit.
I will be going to the branch tomorrow with his card and DL to prove he is not of age and try to negotiate a settlement that is acceptable to all.
37% interest is a motherfocker! 
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Why? It is an education for him. Whoever said education was free? He did it by himself so let him learn himself how difficult it is to get out of the situation. If I were you, I'd go to the bank on my own to see how I can be affected. If not, let him suffer and learn. You bail him out and you have just enabled him. So far, what has he learnt? Dad said no to a CC, I went behind his back, lied and now I am in the hole. Dad will fix all for me.