Credit Reports
Small Business Loans
Money Management
Credit

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

User Avatar
Wiki User
2007-12-06 23:48:54

If you're talking about a cosigner, then yes. The cosigner's

credit gets dinged also. Be careful about who you cosign for.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.