If my cosigner files bankruptcy will this effect my credit at all? The only way i can remove the secondary name is to refinance my car. I will if i have to but i'd really like to keep my 1.9%
2007-03-07 09:28:47 · 3 answers · asked by Xandur 1 in Business & Finance ➔ Personal Finance
That won't affect your credit at all. The lender may squirm a bit but as long as you keep current on your obligations you won't have any problems.
Do NOT refinance the loan unless you can get a rate at least as good as what you currently have! (And don't let the lender try to bully you into anything!)
2007-03-07 09:49:55 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Call and ask your lender to make sure, but if your cosigner is the one filing, it shouldn't affect your credit at all. Just keep making the payments on time.
2007-03-07 09:43:39 · answer #2 · answered by reandsmom77 6 · 0⤊ 0⤋
not something as lengthy as you maintain up the money.. in case you dont they repo it.. straight forward huh? you are the theory lessee.. not something will ensue or go against you as lengthy as you maintain up the money.. in case you dont properly yeah it is going to go on yer checklist and that they'll repo it (they used to pay me to do such issues as quickly as upon a time.. i did it for relaxing greater advantageous than the money.. it replaced into an element job.. i replaced into good at re-stealing vehicles as quickly as upon a time LOL) BTW thats a damn high priced motor vehicle sheesh...
2016-10-17 12:30:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋