Adios
|
Co-signers don't make up for bad credit. Unmarried and unrelated co-signers do not carry much weight, period. If you have to go on the loan together as joint applicants (you would both own the collateral) best option is to have a fair amount of cash to use as a down payment.
Good luck |
|
CCTCC
 |
It's a bad idea to cosign on a loan.
Let's say in 6 months you and your girlfriend are no longer together. She's mad at you so she stops paying. You are a cosigner, they go after you. It happens. |
|
bianca
|
please be care full about co singing your girlfriend car loan. your credit probably will not help her and you can be in a lot of trouble later. this is at list 3 years obligation for you. there are other ways to help improve your credit. if you want ,you can contact me and i will help you on this and tell you what you can do by yourself for free. you don't have to pay any credit repairing company to do this. you are very young and all your life is ahead on you. |
|
mycutemy
 |
If you have an job,then you can get a car. Try Bar None , or Eastern Motors, there's other places where your job is your credit. |
|
yums
|
read tips and articles about debt/credit on this site |
|
hen d
|
co signer idea wont work.. |
|
prowler_exp721
|
i am a credit agent with a company known as central florida finnancial.
if you'd like on monday i can give you a call and get a card out to you to help you improve you're credit. |
|
mel
|
It's not a good idea for you to cosign. She should get one of her parents to do this, as their score would be better.
You should do what's needed to improve yours. |
|
admiralgill
 |
She should be able to get her own car withot a problem. Co-signors are those with real big credit to better help the primary to qualify.
In other words you cant help her |
|
ShouldBeWorking
|
They can't count your income without you being on the loan. Besides, the credit score is not the only thing they will be looking at, so it would be impossible to say if you'd get approved as co-signer. Also, your credit would be raised, but not as much as if your name was the first name on the loan. It makes more sense for you to apply, and have her cosgin to help you. But if you do that, combined with maybe a secured card or something your credit will go up. Obviously, that and time passed. |
|
endsjustmeans
|
you cosigning for her loan would not help her get the loan, or help your credit. If she cosigned for a loan of yours, you would be more likely to get the loan, and provided that you miss no payments, it would help your credit. |
|
INACTIVE
|
By co-signing a loan you are saying that YOU will be liable for the payments if she defaults on the car loan. Don't rely on someone else to increase your credit scores. If you have a low score now it will only be lowered by now having additional debt to reduce your debt to income ratio. If you co-sign and she loses her job or you break up or ???, it's your payment and her car. |
|
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
