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If you're talking about a cosigner, then yes. The cosigner's credit gets dinged also. Be careful about who you cosign for.

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โˆ™ 2007-12-06 23:48:54
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What can a creditor do if you are in default on a credit card

What do you do when your application for credit is rejected

How can you get a loan with 470 credit score

Monique's previous credit card balance is 199.26 and she has a monthly finance charge of 1.5 How much will the credit card company assess in finance charges on this balance

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Q: Can a credit provider report a guarantor to credit reporting agencies based on the defaults committed by the principal?
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