also suggest not to help out your son... what did you end up doing?
I decided that you were all right and I knew it too deep down.
I'm sad that he wont be able to come home for a long time because I would be scared he would be stopped when he returned overseas but thats his choice to make.
Yes it's theft I dont deny that, and I hate what he's done but I also think it's about time the banks took a look at themselves. When it comes to teenagers turning 18 it's like there's some sort of birthday calander on every kid and as soon as it turns to 18 they are looking to loan them money.
You wouldn't believe how many of my sons friends have had letters from their banks wanting to sign them up for a credit card.
So I wont be paying his debt, I haven't been to the bank on his behalf because every time I've rung them on the phone they wont talk to me because I'm not entitled to speak for him.
The joys of children
Once again I would like to thank you all for taking the time to help me on this I really appreciate it alot.
eri you are right and when I wrote about the banks being free with their money when it came to teens I thought it might sound like I'm blaming the bank.
This kid turned 18 he rocks up at the bank and wants to borrow $5000 he has been working for 2 years but has no savings, none not a cent, he regularly went into overdraft on his account, practically every week. he had no possessions for security, nothing, even after working for two years.
So they decide he's a good risk and give him the $5000.
If we ran our business like that we wouldn't last very long.
It's is 100% the responsibility of my son to pay his debt, if he dosn't then he has stolen it.
Another 18yr old rocks up to the bank with the exact same credentials and pays his loan off no problem it all comes down to the honesty and integrity of the borrower this is where I'm ashamed to say my son falls well short
Last edited by frazzledfozzle; 19-04-2012 at 10:19 AM.