if a parent co-signs for a child for an educational loan, does it show on the parents's credit report?

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2006-12-03 13:24:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit

Yes it does and if the child doesn't pay the loan you are responsible and the missed payments show up as bad credit on you r report

2006-12-03 13:27:49 · answer #1 · answered by vtlovie 4 · 0⤊ 0⤋

Yes

2006-12-03 22:26:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Not usually, but there may be some kinds of loans that do report it to a credit bureau.

2006-12-03 21:27:39 · answer #3 · answered by thylawyer 7 · 0⤊ 0⤋

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2006-12-03 21:36:25 · answer #4 · answered by eij g 1 · 0⤊ 0⤋

yes

2006-12-06 22:53:01 · answer #5 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋