Credit card question?

Question

I currently don't have a credit card. If i get someone to co-sign one for me, will their credit history affect mines? For example, if that person misses a payment, does that ruin my credit too? I know that i can ruin the co-signer's credit, but does it go the other way around

Answer 1

If you have a co-signer for a credit card, the only missed payment which will hurt your score as well as theirs (and vice-versa) is the credit card that was co-signed.

Answer 2

No shifting funds on your Capital One card won't assist you purely yet. you purely would desire to pay as much as you probable can in direction of your financial company of u . s . a . of america card each and each month and don't use it in any respect. Clip coupons, downgrade your cable or cellular telephone equipment, devour mac and cheese a pair nights each and every week. you would be stunned how lots extra funds you will would desire to placed in direction of your mastercard bill. it quite is the suited thank you to pay it down. with regard to the Avon account. it's time to talk on your mom. tell her you desire her to pay that off NOW it hurting your credit incredibly in the event that they are calling you b/c she is late paying. you additionally can call Avon and notice in case you will possibly be taken off the account you would be able to desire your mom's permission to try this yet once you're you able to would desire to and quickly.