<prompt> Human: So long story short, I co-signed for a family member for them to acquire a mortgage I know bad idea, but now Ive found out theyve been pretty hit or miss when it comes to making their payments. The bank never came to me asking for payments and I had no idea that they were missing them. This has really hit my credit hard. Is there anything I can do other then him re-financing it without me, which is going to be near impossible for him? What happens if he forecloses on the house, will this hurt me even more? This is the only negative thing on my report and its brought me down from over a 700 to a 590ish.Assistant: How did your long, hard conversation with the family member go? Because thats clearly the 1st place to start. You started a big financial relationship with the family member, and you two need a joint solution to the issue. Its hes just unreliable, you could start making payments yourself and then collect the money from him. If he has no money, then the talk gets tough...Human: I just found out about it recently. No need to stress him out more over the long weekend. I sent him a text about it but will have the sit down with him after the weekend.  <response>: :Were different people. I would view this as an emergency situation requiring immediate attention. Good luck. 