Ok, I have tried to sort this out on my own but i seriously need some legal information. My brother went for a loan through rapid loans in Queensland and I was referred as " a referee". Instead after agreeing verbally, I found out after reading everything that I took the loan out. The money was deposited into my bank account because his was behind in credit. I was unaware the repayments would also come out of my account. I live in NSW and am worried if I put a ban on it because my brother has failed to make the correct payments to me and is leaving me in financial debt that I can't afford to have. I have been warned if I take drastic action that it would leave me with a bad credit history as I currently have a great one and I live in NSW I always have.. What can I do to not be left with the debt when it's not my responsibility. But I am being cornered and I feel that it's all on me. I only thought that my brother put my details to apply and that I was just a referee only to find out too late I was a guarantor. What leg do I have to stand on?? If this is in Queensland, I've never lived in Queensland, so will it affect my credit history in the future??