Should I use a co-signer?
Written by lifang
January 09, 2008 13:28
A co-signer is advisable if you have poor credit history or no credit history. Make sure that your co-signer has better credit standing than you. The idea is that your co-signer's good credit will help bring up your poor credit. Be careful about choosing a co-signer, however. The records for the shared account, both good and bad, can appear on both your credit report for 7-10 years.