If you got the loan from an established lender or bank, it should show up within 60 days at the latest. If you financed with EZ-Jacks-Walk-In-Drive-Out, it will probably never be reported.
As long as you have enough credit available yes. Just remember even if the payment is from another source, you are responsible and it eats into your available credit until it is gone.
The loan will need to close within 90 days of the issue date of the credit report.
The short answer is yes. The long answer is that when you co-sign a loan for another person, you agree to be responsible for that loan should they default so if they fail to pay the loan back, the creditor will expect you to shoulder the responsibility. If you fail to pay the loan back, it goes on your credit report.
7 years
yes, as long as your credit is good enough for the respective loans.
As long as you have enough credit available yes. Just remember even if the payment is from another source, you are responsible and it eats into your available credit until it is gone.
Banks want the co-signer as a safety precaution, because you have yet to prove your ability to handle credit. But, it will help build your credit rating - as long as you and your parents make sure that the loan is repaid in a timely manner.
The loan will need to close within 90 days of the issue date of the credit report.
The repossession stays on your credit report for 7 years.
The short answer is yes. The long answer is that when you co-sign a loan for another person, you agree to be responsible for that loan should they default so if they fail to pay the loan back, the creditor will expect you to shoulder the responsibility. If you fail to pay the loan back, it goes on your credit report.
For the length of the contract you sign. If you cosign on a 3 yr loan, you are responsible for the debt for 3 years.
7 years
yes, as long as your credit is good enough for the respective loans.
Good credit report, employed at the same place for a long period of time are few factors that help in approval of vehicle loan.
30 to 90 days
about 3 mo.but it my take up to 12 mo for you to get any credit rating from it.it takes time to show that you will pay a loan on time correctly.
it can stay on your credit report for as long as 10 years.