Being co-signer for a vehicle help.

Discussion in 'Credit Talk' started by Imacer, Nov 25, 2003.

  1. Imacer

    Imacer Active Member

    Does anybody know if I was to co-sign on a vehicle will it effect my debt rate? Also being a co-signer will it show on my credit report? Will I be getting any credit for the co-signing?
     
  2. tonyd

    tonyd Well-Known Member

    Yes, yes and yes. And in addition to the questions you asked, if that loan is ever late or defaulted on that will be on your reports to, as well as your responsibility completely.
     

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