Legal Question in Credit and Debt Law in New York
co-signer on car loan
How can i fix my credit if i co-signed on my sister's car loan and now it show late payments?
Asked on 4/08/08, 1:02 pm
1 Answer from Attorneys
Guy Lewit
Guy Mitchell Lewit, Esq.
Re: co-signer on car loan
you would have to make the payments to keep the account current...and...do not co-sign any more loans for family or friends...sounds mean, but if you do you are asking for a credit reduction!
Answered on 4/08/08, 3:48 pm