Legal Question in Consumer Law in California

Car Loan

When you are a security of interest party on a car loan, instead of a co-applicant; will the loan reflect on your credit as well?


Asked on 2/01/06, 8:51 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Car Loan

Don't do it!! Don't cosign!! Read the 100s of LawGuru posts from sad regretful people who co-signed and ruined their credit. Your friend or relative has bad credit for a reason. He or she burned the banks and credit card companies, guess what! You're next!

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Answered on 2/01/06, 10:31 pm


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