No only you and the loan officer have the right to look at your credit report. Anything else would be a violation of the privacy laws.
Always remember, if you co-sign for a loan the pay history will be reported on your credit. If it's good your score will go up, if it's bad your score will go down.
Also if the primary buyer defaults on the loan, you will be responsible for paying it.
2007-04-28 05:27:09
·
answer #1
·
answered by ? 7
·
0⤊
0⤋
DO NOT co-sign with any person for any reason. If the friend or family member cannot get credit on their own, please let that be a sign to you. So many relationships have been destroyed by co-signing. Sure, we want to help others but if you cannot afford to give the person the item you intend to co-sign for, don't do it. When you co-sign you are assuming the liability with your assets and income so the person you're signing for really doesn't have to pay the debt. What if they cannot? job loss? medical reasons? Can you afford to take over the financial obligation? If you can, go for it. If it would be a struggle, just apologize. Most loan officers can be highly creative in helping people higher interest loans that will at least get you off the hook. Seriously, think about what you're asking.
2007-04-28 05:35:36
·
answer #2
·
answered by Anonymous
·
2⤊
0⤋
The loan officer is going to tell you if you are approved for the loan or not. They can't tell anyone what your credit is like. And nobody but you and anyone who runs your credit has access to your credit report.
2007-05-01 16:54:53
·
answer #3
·
answered by luciousgreeneyedlady 5
·
0⤊
0⤋
detect a clean place to stay chum you tell her no and shes going to tell you to start packing. you are able to make an excuse such as you're finding to purchase a house or automobile interior the close destiny. you presently have something negatively impacting your credit which you're interior the technique of repairing. or you ought to basically tell her the certainty which you have been a to blame person who did no longer decrease to rubble their credit and you experience as though she is taking benefit of you by using asking to apply your good credit whilst she shows no duty.
2016-12-29 12:59:18
·
answer #4
·
answered by murrow 4
·
0⤊
0⤋
the loan officer yes, the person applying, maybe ( if your SS number is on the docs he/she can pull a credit profile real easy )
as others have said
NEVER co sign
2007-04-28 06:17:37
·
answer #5
·
answered by Anonymous
·
0⤊
1⤋
The lender has access. The person you are cosigning for does not, and the lender is not allowed to discuss your credit with the person you're cosigning for.
2007-04-28 05:22:34
·
answer #6
·
answered by Judy 7
·
0⤊
0⤋
No.
Don't cosign unless you are able to pay when they don't.
This seems like the right thing to do at the time, but it will eventually ruin your credit, believe me.
2007-04-28 05:26:05
·
answer #7
·
answered by Credit Expert 5
·
1⤊
0⤋
never co-sign. you can bet that you will be paying that bill someday
2007-04-28 06:08:49
·
answer #8
·
answered by Anonymous
·
1⤊
0⤋
NO
2007-04-28 05:17:55
·
answer #9
·
answered by cork 7
·
1⤊
0⤋