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It will appear on the CR of both parties.

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โˆ™ 2006-09-20 12:54:09
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Q: If you get a cosigner when purchasing a car will it show up in your credit report or the cosigner's credit report?
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Related questions

Will a cosigner's credit history appear on your credit report?

No


Is co-signer's credit affected if loan is not approved?

The cosigner evidently didn't have great credit either, since the loan didn't get approved. It will still reflect on the cosigners credit report that they applied for a loan. Multiple inquiries will reduce your credit score.


Can you remove a repossession off your credit report if your cosigner has a judgment on the repossession?

No you cannot remove a repossession off your credit report if your cosigner has a judgement on the repossession.


When you cosign for a vehicle will it be on your credit report and therefore effect the cosigner when they attempt to make a major purchase in the future?

Yes, all action on the part of the primary borrower will be reflected on the cosigner's credit report.


How long does it take to hit your credit report after purchasing a vehicle?

It takes at least six months to hit your credit report after purchasing a vehicle.


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

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


What effect does a student loan have on a cosigner and the cosigners credit?

When you cosign on a loan, you are liable for payment of that loan if the other person does not make payments. Any late payments and other negatives will be reflected on your credit report. The debt will be included in your debt-to-income ratio. If the person makes all payments on time, it could actually help your credit score. Usually, it's the other way around, though. Bottom line: as a cosigner, you are treated as a signer.


IIf you obtain a loan with a cosigner after a discharged bankruptcy will the loan show up negatively on the cosigners credit if your payments are on time?

As long as the debtor makes payments on time, this would not reflect negatively on your co-signers credit. Co-signing will show on their credit report as debt as a co-signer guarantees repayment of the loan if the debtor defaults.


Who do you contact for a cosigner information to show up on their credit report?

You don't have to contact anyone. The lender will report information on the primary borrower, cosigner, joint owner, guarantor, and other relationships.


Will balances still appear on your credit report after taking out a loan for your sister and letting her use your credit cards if she can't get credit on her own and you have to co-sign?

Yes, as a cosigner you will be responsible for the debt, so it will reflect on your credit report.


Does the primary borrower receive any benefit to their credit rating when there is a cosigner on the loan?

This debt will appear on your credit report as a joint debt. It will bare just as much weight on your credit report as if it were in your name alone.


Where can I obtain a free copy of my credit report without purchasing credit protection?

To get your free credit report log on to a website such as FreeCreditReport.com. Be alert, that if you request your credit report too often your credit will be affected, it's a Catch 22.

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