hi all,
last year I financed a 2011 toyota rav 4 with my ex boyfriend as the cosigner (all signs pointed me to not do this but i was stupid and did it anyway, we were together at the time with plans to eventually get married). the loan total amount is around 16k with 16% interest (yikes!). it had under 40k miles on it so i thought it was a great idea because i have always loved older cars. i had never bought a car before and had never been educated in any of this at all. my credit was horrible so things are listed in my ex's name but i have since built my credit and now have a great credit score. the ex boyfriend is not interested in the car at all, we have not talked in almost a year now.
i have heard conflicting things about refinancing but it has been a year and i've barely made a dent in my total loan amount. this whole thing causes me a lot of stress and i don't know what to do about it, i lie awake at night scared that my car will break down and I will have nothing but debt and no way to get to work to pay off that debt. that's a bit dramatic but you get the point.
should i try to refinance, without my ex? what can i do? and yes, i know this was a stupid decision, i think about it everyday.
thanks in advance