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Posted: Tue Apr 15, 2008 1:21 pm Subject: Credit Score

How does it affect your credit score if you co-sign on a loan for someone with poor credit?

motomom716

motomom716

Joined: 17 Oct 2006
Posts: 142
Debtcc Points: 2112

Posted: Wed Apr 16, 2008 12:23 am Subject:

Your score will only be adversely affected if the other person defaults. _________________ The only people with whom you should try to get even are those who have helped you. -John E. Southard

Morningstar
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Morningstar

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Joined: 06 Feb 2007
Posts: 1653
Debtcc Points: 10696


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