u/New_Television_2506

Problem/Goal: Hello, I recently just turned 18. I woke up a few days ago to my mom telling me to sign papers for a loan she signed me up for without even explaining it to me. She took me to the branch and while I realized the weight of this situation, I cried while waiting. I didn't want to do this. I told her that if she doesn't pay for it, it'll be under my name and that my future will be the one on the line. I kept telling her that I didn't want to do it, but she just ended up forcing me to do so anyways all while telling me "Gusto mo ba ako mapahiya dito? Maki-cooperate ka naman. Kailangan natin to. Tsaka hindi ko naman papabayaan to." So I just signed the papers and she took the loan. I don't know what to do. Is there any way to back out on this?

Context: My parents are in their 60s. Apparently she signed me up for this because she can't continue taking loans anymore. Our main source of money is from my older siblings (who are in their 40s btw), and from what I've heard from my mom, they haven't given her any. She kept saying that we needed the money because our electricity is gonna get cut off and she's going to take my dad on a "check-up."

Any advice would help, thank you

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u/New_Television_2506 — 9 days ago