He has a 800 Score And I Have About A 635 But Im The Co-Signer. When He Makes Payments Will It Show Up On My Credit Too? Im Just Trying To Get My Score Higher, But Im Not The Primary Just The Co-Signer.
2007-02-09 06:06:09 · 5 answers · asked by martinoerik79 2 in Entertainment & Music ➔ Music
No, sorry to say it won't affect your credit until he stops making the payments, which at that time, will fall upon you. Was the loan for something tangible, like a car or house?
And what professional paralegal types "BUT if he don't pay"? Proper legal grammar is "if he DOESN'T pay". Good Luck.
2007-02-09 06:11:22 · answer #1 · answered by Angie 4 · 1⤊ 0⤋
Why, if he has an 800 score, did he need a cosigner? Are you just trying to up your score? The best way to up your score is to make all your payments on time and not over extend your credit. Good Luck.
2007-02-09 14:11:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The only time you will come into the picture is if your brother defaults on the loan, at which time, you are responsible for the remainder of the balance owed.
2007-02-09 14:12:47 · answer #3 · answered by WC 7 · 0⤊ 0⤋
no but if you want to get it higher try buying a car or an appliance on credit make sure the place you finance it with reports it to the credit bureau this helps.
2007-02-09 14:15:49 · answer #4 · answered by dan m 6 · 1⤊ 0⤋
NO it will not, BUT if he don't pay YOU are responsible
: )
2007-02-09 14:08:39 · answer #5 · answered by Mommy To Be in April 7 · 0⤊ 0⤋