answersLogoWhite

0


Best Answer
Copy

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

2007-12-06 23:48:54
This answer is:
πŸ€“
🀯
πŸ€”
User Avatar

Your Answer

Loading...

Related Questions

What are good credit reporting agencies?

Credit reporting agencies are agencies who are dealing with credits.If you want to investigate somebody with regards to her or his previous credit performance, then credit reporting agencies are the place for you to approach.


Which are the three major credit reporting agencies in the UK?

In the United Kingdom, credit reporting agencies are known as credit reference agencies. The three major agencies in the UK are Experian, Equifax, and Callcredit.


Are credit reporting agencies international?

There are very many countries with credit reporting agencies. Credit agencies use them to receive their data quickly. If there is a credit agency in any particular country then more than likely there is a reporting agency.


What is the difference between a Consumer Reporting Agency and A Credit Reporting Agency under the guidelines of the Fair Credit Reporting Act?

there is no difference, it is the same. They were called Credit reaporting agencies several years ago, then the terms was changed to consumer reporting agencies as they are not used for more than just Credit Reporting.


What are the names of some important credit reporting agencies?

equifax


How do credit reporting agencies collect information?

Credit reporting agencies collect their information from several sources including direct investigations, trade creditor and banking connections, and public and insurance records


What are the three nationally approved credit reporting agencies?

The three major credit reporting agencies in the US are Equifax, Experian, and Transunion. Most credit information will be reported to all three agencies. However, sometimes information will be found on only one report.


What are the 3 credit reporting agencies?

Nasdaq,Dow,and S&P


What are the main three credit reporting agencies?

Equifax, TransUnion, Experian


How do you report to a credit reporting agency?

Consumers don't report their own credit history to credit reporting agencies - Lenders do. However, you can file a consumer alert with each of the agencies that will put your statement on file.


Where do credit reporting agencies collect their information from?

Credit reporting agencies collect their information from several sources, including direct investigation, trade creditor and banking connections, insurance records, and public records


What do credit reporting agencies report and to whom?

Credit reporting agencies report your credit activities, such as paying bills on time, taking out a loan, etc. They keep track of this and make it available to anyone who requests it.


How do you report a bad credit risk?

you can call your credit reporting agencies, you can also compare your three credit report from your credit reporting agencies this ezcreditrepairsolutions(dot)com(slash)credit(dash)report(dash)score(slash) from different credit reporting agencies, They provide a lot of great information for improving your credit score, and it worked well for me.


What is the function of credit reporting agencies?

Credit reporting agencies keep files of information on all consumers who have made credit transactions at some point in their lives. Credit granting institutions may purchase these files


What are the three most common credit reporting agencies?

The three most common credit reporting agencies are Experian, TransUnion, and Equifax. A person can request a copy of their credit report from these companies for free once a year.


How do you submit a court judgment to credit reporting agencies?

An individual cannot submit a court judgment to the credit reporting agencies; however the County will report the judgment to the bureaus only by using the complete name and address of the defendant.


Do lenders have to report to credit agencies the same time each month?

No. Lenders don't "have" to report to credit agencies at all. Credit reporting is totally voluntary. There is no law which requires or compels it. The Fair Credit Reporting Act states that IF information is reported, then it must be accurate. But there is no provision that insists on reporting.


How does the credit agencies find out about property liens?

The entity that has the lien notifies the credit reporting agencies or the lien shows up in the land records.


What are the numerical range for credit scores from the three major reporting agencies?

from 300 to 850


What other two credit reporting agencies are there besides Equifax?

FD Insight and D&B are two other credit reporting agencies besides Equifax. Others include Experian Business and Business USA. All of these are American companies.


How can one contact credit report agencies?

There are multiple ways to contact credit reporting agencies. Email or by phone are some of the most common ways.


What are the names of the 3 credit reporting agencies?

In the United States almost everyone over the age of 18 has a credit report with the three top credit reporting agencies. Those three companies are Equifax, TransUnion and Experian. The 3 agencies in the United States that report credit are Equifax, Experian, and Trans Union.


What are the main consumer reporting agencies in the US?

The main consumer reporting agencies in the US are Equifax Credit Information Services Inc., Trans Union LLC and Experian Information Solutions Inc. They are also known in short as Equifax, TransUnion and Experian.


What are the names of the 3 major credit reporting agencies?

In the UK, Experian, Equifax and Call Credit


Who participates in uniform crime reporting system?

Federal, state, and local law enforcement agencies