It goes on and on

So the first cosigner loan was rejected... apparently sometime in 1999 (yes, 5 yrs ago) my mother was a week late on a car payment, so they turned down her application to be a cosigner... I understand the importance of credit when you're dealing with this much money... but i mean.. 1 week late... in 1999 *shakes head*

So, the new thing is that my brother is going to cosign the loan. That is a very tricky situation. My brother is mildly retarded and pretty much makes decisions based on the information we (my family) gives him. By that i mean, if we say, "hey cosign for this loan, things will be fine", he'll sign for it. Of course we tell him about the amount of the loan, the terms, and things like that, but ultimately, he trusts us to lead him down the correct path. My concern with the loan is that should anything happen to me, he will ultimately be responsible and i don't like that at all. My plan is that as SOON as i am out of school i will consolidate all the loans and have his name removed. The last thing i want is for something to happen to me and for him to be left paying my debts.

I should know by the middle of next week whether or not the loan has gone thru. if it has, i will be at American in the fall, if it hasn't... then i need to reevaluate my entire life and figure out my next step.

*sigh*