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1. In February 2009 a loan was taken out to help him pay for his lawyer for a child custody battle. He verbally agreed to pay the loan. This loan was for $1000 and he agreed to have the monthly payments debited from his checking account.
In September 2009 another $500 was taken out to assist with additonal court costs. The loan was redone and again he gave permission for the loan payments to be debited from his account on the first of each month.
Approximately $400 is left on this loan. Payments are $80 a month.
2. In March 2010 a $500 loan was taken out to assist him. This one was from another bank. In June 2010 another $500 was taken out to assist him in bringing his daughter down to visit for the summer. I asked him point blank in from of the loan rep "If we break up how do I know that you are going to pay this loan off?" He stated in front of her "No matter what happens I will pay the loan. I know it's my responsibility. I have spoken to this loan rep and she remembers this conversation very well.
Approx. $700 is owed on this loan. He agreed to have payments debited from his checking account. These payments are taken out on the first and fifteenth of the month.