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18y ago

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Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?

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.


If you marry someone with bad credit does is mean you would also have bad credit as well?

Not necessarily. However, if you enter into a joint financial transaction such as a mortgage, it may have a negative impact.


Where can someone with bad credit get mortgages?

Someone with bad credit can apply for mortgages through the FHA program. These mortgages are backed up by the FHA and are a good choice for someone who has bad credit.


Will it reflect on your credit if you have extremely good credit and you marry someone with bad credit?

No, but it may cause difficulty when applying for joint credit such as a mortgage. ___________________________________________________________________________________ You are a sole entity as long as you do not apply for monies together therfore you will NOT be penalized by your hubbies lack of credit. Y-THINK-Y


What are two companies that will offer a personal loan to someone with bad credit?

Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.


Can someone with bad credit still obtain mortgages in the UK?

Someone with bad credit can still obtain mortgages in the UK. Some of the companies that offer mortgages for people with bad credit are Alexander Hall and ASAP Mortgages.


Where can one with bad credit obtain auto insurance?

Someone with bad credit can obtain auto insurances at various places. Bad credit shouldn't stop someone from wanting to obtain auto insurance. Direct Insurance is a company that will provide auto insurance to people with bad credit.


Can a person with very good credit be affected by a person with bad credit on a car loan?

geeze don't be stupid


What banks allow bad credit mortgage?

Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.


Why would someone be interested in no credit check auto loans?

Someone might be interested in no credit check auto loans if they have bad or poor credit. Most major loan companies conduct credit checks and will screen out those with bad credit.


If you adds your sister as a second cardholder to an account will your credit be negatively affected by your sister's bad credit?

No. Only is she became a joint account holder, then both persons credit would be affected if any default occurred.


Will sharing a lease with someone that has bad credit bring your credit score down?

Yes