Credit Report & Scores » Report Advice » Cosigning » Video: How Can Cosigning Affect My Credit?

Video: How Can Cosigning Affect My Credit?

Cosigning a loan with another person isn’t just a gift of funds, it’s jointly committing to a repayment plan. Make sure you discuss in advance some of the challenges that might come with cosigning, and know how you’ll work together to face them before you sign on the dotted line.

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