30-year-old finds out fiancé took out $15000 loan in secret, considers postponing the wedding: 'He lied to my face for half a year'

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  • a man sits at a kitchen table, looking upset at a letter; a woman holding a mug looks over his shouder
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  • My fiancé secretly took out a loan behind my back, and now we’re drowning in debt before our wedding.

    I (30F) just found out that my fiancé (31M) took out a $15,000 personal loan without telling me and he did it six months ago. We've been together for five years, engaged for one, and our wedding is in eight months.
  • We'd been saving together carefully, building a fund for our wedding, honeymoon, and eventually a down payment for a house. I handle most of our finances budgeting, bills, etc. and he handles extra savings and investments. I thought we were on the same page.
  • This weekend, I noticed a missed call from a bank I didn't recognize on our shared phone plan. When I asked him about it, he froze, then finally confessed everything. Turns out, he took out a $15k loan "to pay off some old credit card debt" but he's only paid a few hundred back and has been struggling to keep up with the monthly payments. He said he didn't tell me because he "didn't want to ruin our wedding planning with stress."
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  • a man sits at a kitchen table and looks into the distance, a woman standing behind him and holding his arm
  • I'm not even angry about the money as much as the secrecy. We've always prided ourselves on being honest with each other, and he lied to my face for half a year while we were literally talking about financial transparency for marriage prep.
  • He's apologized over and over, saying he was embarrassed and thought he could fix it before I found out. I made him promise to meet with a financial advisor and start therapy because I'm terrified this will spiral. But I'm struggling if he could hide this, what else could he hide later?
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  • I love him more than anything, but I'm scared. I don't want to start a marriage built on financial lies. My friends would tell me to call it off, but my heart doesn't want to believe it's over.
  • AIO for feeling like I can't move forward with our wedding unless he rebuilds my trust even if it means postponing everything?
  • a man sits at the kitchen table talking on the phone while a woman stands next to him, preparing food
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  • People assured her she hadn't had an unreasonable reaction.

    Fluffy-Resident8420 | struggling to keep up with the monthly payments. | Have you actually seen the credit card bills that were paid off? It's almost certain that those payments would have been higher than the personal loan (that's why you get one), but somehow he's struggling to repay it. How was he paying them before?
  • Total_Finger1493 I wouldn't be moving forward with a wedding!
  • One-Method-4373 Make sure it didn't all go to gambling
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  • Adelucas If the debt is in his name cancel the wedding and dump him. This is serious and could ruin you. The moment that ring goes on your finger that debt becomes your problem. You will be spending the next 5+ years scrimping to pay it off. It's worrying that he says he used it to pay off old credit card debt but is struggling to pay the loan. I did something similar for half that amount and actually saved myself 400 a month in CC payments. something about this smells bad.
  • Check your own credit to make sure he didn't use your details for the loan. If he did you'll have to report him and let the police and credit agencies deal with it. Throwing him under the bus is the only way to clear your credit.
  • I'm serious about cancelling the wedding and dumping him. My friend found out shortly after her wedding that her husband had a gambling addiction and was hiding thousands of pounds of debt. She was able to get the marriage annulled, and he went bankrupt. She was protected as she got it annulled very quickly after the wedding, but if she had waited and got divorced she'd have had to pony up for half the debt.
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  • Better some lost deposits than years of paying a debt you didn't agree to or know about.
  • cherryjane8 If he can lie about this, he can lie about anything.
  • Beginning _Dream_6020 its called financial infidelity and it's just as dangerous as physical infidelity. don't ignore it or downplay it. behaviour like this can wreck your life. he has to come clean with everything - amounts, situations – right away, and if there's anything he tries to hide, or that comes out later (trickle- truthing) you had better run.
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  • delay the wedding until you are sure he's been 100% honest with you.
  • Motchiko He paid off old credit cards loans with loaned money from the bank- for what? What did he buy? Better dig deeper than that before you marry. Marriage is contract which makes you a financial union and being married to a shopaholic is a nightmare.

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