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Yes, all action on the part of the primary borrower will be reflected on the cosigner's credit report.
Nope.
Yes. A cosigner can purchase as many vehicles as a lender well allow. Of course it depends on your income and credit rating as to whether or not the lenders will extend you any more credit. The loan you cosigned for is on your credit and will be taken into consideration when the lender looks at your credit to determine your elligability for a car loan.
Yes. If the original borrower defaults, and the cosigner is unable to take over the debt.
Yes. That is the point of the lender asking for a cosigner. The cosigner will have a repossession showing on their credit as well as the primary lender.
Yes.
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
You've got that stated backward. The person with bad credit who needs a credit card would be the borrower. He has to find someone with good credit to be the cosigner. And the cosigner has to really trust the borrower because he is going to be responsible for repaying the card if (when) the borrower doesn't.
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
There are many options to lease a vehicle if you have poor credit. You can always lease the car with a cosigner, if you can find one, and so you can lease the car even with poor credit. You can also get a long term rental from a car company such as Hertz. It will be more expensive, but is an option, if you don't want to buy a car.
Yes, it will still help your credit.