Will u get a better rate on a car if u have a co-signer and u have bad credit?
2007-01-11 12:29:44 · 3 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
Only if the co-signer signs first.
2007-01-11 14:13:11 · answer #1 · answered by Confused 3 · 0⤊ 0⤋
in short, sure. Banks will can charge an better interest value to a guy or woman who has spotty credit. does not make lots experience to can charge a guy or woman extra who has had worry with money interior the previous yet that's how this is. Having a guy or woman co-sign that has a stable credit status supplies the economic company the warmth fuzzy feeling. whether they (co-signer) are totally to blame for the loan would desire to you default on the money.
2016-10-30 21:03:28 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Yeah, provided that the co-signer has better credit.
2007-01-11 12:33:48 · answer #3 · answered by cajunrescuemedic 6 · 0⤊ 0⤋