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Yes. A co-signer is fully responsible for the debt. If the primary borrower doesn't make the payments it will be reflected on the credit record of both borrowers. If the primary defaults, the bank will go after the co-borrower for payment. That is the purpose of having a co-signer. The co-signer guarantees the debt will be repaid.
What else can I help you with?
How do you report a business to a credit bureau?
You would have to be a client/contributing member of the bureau to report information.
What is payment credit as a type of letter of credit?
A dispute letter to credit bureaus is written by an individual to the credit bureau over the some issue related to credit standing. The individual would need to be clear in his letter of dispute against that of the credit bureau, providing evidence where possible to proof the error on the part of the credit bureau.
Where can one get a credit reference check?
If one is looking for credit and require a reference, this can be provided by the credit bureau. A credit bureau such as Equifax would have a complete history of your financial dealings and standings and would be able to provide an answer as to whether or not your are a good risk to lend money to.
How do you add if you can your apartment rent payments to your credit score?
Your landlord would have to report payments to the credit bureau.
What score is your middle score?
If what you are referring to "is there a particular credit bureau that provides the middle credit score", then that answer would be no. Your middle credit score is just that; the score that is in the middle. It could be reported by Equifax, TransUnion or Experian. There is no one bureau that is a middle score bureau. I hope that helps.
How would one contact a credit bureau?
One could contact a credit bureau by going to the creditinfocenter. This site is updated regularly and shares quite a bit of information, on anything having to do with credit, good or bad.
How can you report good and bad to the credit bureau?
Your business would have to become a client/contributing member of the credit bureaus.
How do I obtain a personal debt list?
I would assume through a credit bureau
Where can one get a free credit bureau report?
A free credit bureau report can be requested from TransUnion, Experian and Equifax annually by applying online at AnnualCreditReport for United States citizens, as well as visiting any of the three credit bureau agencies' official websites. It is important to regularly check one's credit rating as to detect mistakes early that would prevent extention of credit to one in the future.
How would someone monitor their own credit?
There are three large credit bureaus that people can use to keep an eye on their credit: Equifax, TransUnion, and Experian. Each bureau has its own credit score. Therefore, people monitoring their credit should check each. Depending on which bureau is checked, the score may be different.
Can I obtain my credit score through the Canadian credit bureau?
Yes it does. You can go to any credit website and see your credit score. A few of these sites would be freecreditscore.com, equifax.com, or experian.com
A service charge would appear as a credit on your bank statement?
no
