Legal Question in Credit and Debt Law in Virginia

Co Signers

if someone co signs for a car and they

are trying to buy a car as well, If he co

signs will it ruin his chances of getting

a car?


Asked on 11/23/07, 6:11 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Co Signers

If this someone has too many other outstanding obligations as a co-signer or otherwise, it could possibly affect his credit worthiness and therefore his possible eligibilty for such a car loan. Of course, any such determination would ultimately lie with the prospective lender with whom this person had applied for the vehicle loan.

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Answered on 11/23/07, 11:42 pm


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