Before I give you my answer based on what is being said 2 million over 4 years interest today for a vehicle loan is like 2.25% his payment would be something like 50,000 baht a month there is no way regardless of it being a government job able to pay the loan the outcome is very obvious reason no ONE has stepped up to help him! 

 

Second, the ex is stupid reason hopefully why she dump the stupid ass!  the number and reason don't add up " Government Job " and you need a 2 million vehicle yea right.

 

ANSWER NO!  one should be happy she told you but regardless if she says Yes, pack your bags and get the hell out because there is more to the relationship because the outcome is if granted you will be leaving sooner or later!???? but of course the best Thai way is to smile and politely say no but check each day to make sure the house book is there there?????

18 hours ago, stigar said:

I totally agree with u..this sounds suspect.I would never ever accept this.

First of all..why she still close to her exhusband????

My wife never ever contact her ex..she blocked him everywhere and changed her number.

 

I don’t think it is suspect, the ex wants/needs a new motor for his business to (show off) he has been to the bank and with no security has drawn a blank,  his ex is probably the only hope, how about saying, we will own the car and be in our name at the bank and hold the insurance papers, default after 2 years and the car is yours to sell on, plus you want a slice of the new business, or easier to say NO, 

 

19 hours ago, wtfracing said:

My wife was contacted by her ex husband asking her to go guarantee on a loan for a truck for 2 million baht over 4 years. Now he works for a government service but has outside business for which vehicle is for. He says he can't get any one else to do it and house would have to be used as security. How would you react to a situation like this?

NO.

19 hours ago, wtfracing said:

How would you react to a situation like this?

I'd ask her for a divorce ...... if she's still in regular contact with her former husband, she can't be trusted.

go ahead and do it.

BUT ONLY IF YOU ARE AN ABSOLUTE IDIOT!!!   ????

1. Refinance your house so there is not much equity left to lose. You may find you are too late. If so,....

 

2. Send a life insurance agent to the ex and your wife with you as sole beneficiary.

 

 

Impossible to say.

 

Against popular wisdom many people actually stay on good terms with their ex.

 

Both me and my wife are on good terms with our ex's, maybe because of kids, but hardly a week goes by that we don't talk.

 

Neither of us feel threatened by the fact that we both have good or best friends who we happened to have been married to previously.

 

Several years ago I co-signed a car loan for my ex, just because my credit rating was a helluva lot better than hers. I never blinked an eye.

 

But my situation may be totally different to the OP and his wife. It's complicated world

hell no    dont do it 

My answer would be NO.

If you really needed to ask this question, you need your head examined!  I am from the USA and in frequent contact with my ex-wife and she often does tasks for me that are difficult for me to do from here.  She is reimbursed for any expenses incurred plus something for her troubles,  She would never ask for money.  As you know (I hope) things are VERY different here especially when a woman is married to a foreigner.  For whatever reason, many Thais think all foreigners are very rich and would be an easy touch for a handout, and often a substantial amount.  Even the most distant relatives would believe your wife should help them with any financial needs.  Cosigning for a loan of the amount you mentioned would make her (YOU) responsible for the monthly payments not if, but when he defaults on the loan.  As her husband, you are legally responsible for any debts she incurs.  Yes, he has a job and a business on the side.  How many times have I seen a foreigner 'invest' in a business for his wife only to either have it fail in 3-6 months or to have her lose interest in it.  You have seen numerous NO's here but the one who said 'RUN FORREST RUN' said it best.  Good luck, you're probably going to need it!   

MAI

Ask him for a drive of the truck … if it’s any good ask him if you can borrow it weekends. Maybe start a little business.

Not sure how long you have lived in TH but the answer to any request for money from anyone anytime is NO.

 

Upon further reflection you can always change your mind.

 

Wishy washy answers like “let me think about it” are just weak (and stupid) and only lead to either bad feelings and/or bad results.

20 hours ago, mancub said:

I`d check to ensure it`s not a "done deal" already !

This, this, and <deleted> this.

I asked my Wife and she said "No Way, nothing to do with her any more his problem"  or to translate into Orstalian... "F*** **F"

My wife speaks good Orstralian after being here for 35 years..  ????  

She would have to be soft in the head, and the OP to even consider it..

Extremely risky! And your wife should understand when you say no way! End of story! You don’t want this hanging over your head at all. 

I mean, seriously, what a <deleted> show this is.

 

Our choice in life is either: fat, frigid, decomposing Old Margaret or Scammy Scummy Low-Life Ting Tong Noi.

 

This is why: never buy in Thailand; always rent.

 

Or, if you are able, try to get a girl that is at least middle class. We live in a feudal system without decent social security.

20 hours ago, wtfracing said:

My wife was contacted by her ex husband....... How would you react to a situation like this?

I don't have this problem. All my wives (4 so far) were virgins with no prior relationships before me, 3 of them orphans with no family at all, so no problems ???? 

But seriously, when taking a loan for a car, the car is used for guarantee, not a house or any property. In some cases the bank or credit company asks for a guarantor that can show sufficient steady income.

36 minutes ago, jgm005 said:

MAI

I see you have encountered my wife.

 

Do not trust her under any circumstances.

can only comment on provided info. no shared kids mentioned in OP. thats kind of relevant. normally thai men abandon their kids having left their mother. this ex could be levering the kids for attempted financial gain. extent of “contact” review required by current husband. and why the hell she forwarded to him this daft assumed scam request.

2009: or maybe “lease- purchase” if serious long term professional/ middle class lady, esp.with kid.

never marriage here……or anywhere really….

Are you for real???

 

Why would anyone post such a question,when you should know what the overall reaction would be,only half wit would be wasting people's time with such a moronic question!

Clearly you must decline, but do so in as friendly a way as possible. A situation like this in Thailand can become very nasty very quickly. 

18 hours ago, 473geo said:

Thread is not about loaning money is about being a guarantor

either way, no 

Just get your WIFE To TELL Her EX Husband to " Go Forth & Multiply " In Plain English .....2 Words and the 2nd one is OFF !!

6 minutes ago, Thingamabob said:

Clearly you must decline, but do so in as friendly a way as possible. A situation like this in Thailand can become very nasty very quickly. 

I would disagree and say do it as strongly as possible, to make the point very clear . 

I'm amazed that anyone feels the need to ask this question!

He's an EX that means in Everything. 

No Contact ,,, No to Everything.

22 hours ago, taotoo said:

I'd be concerned why her ex husband might think she would even consider it.

She have Falang him money too mut.

Find your house blue book and lock it away as soon as possible, so nobody except you has access to it.