loans
Date: Sun, 09/09/2012 - 17:36
can you co sign for someone if you are in a debt consolidation program
Probably not....your credit score while being in a DMP wouldnt m
Probably not....your credit score while being in a DMP wouldnt make you a good enough cosingor,.
You can co-sign for a loan even if you're in a debt consolidatio
You can co-sign for a loan even if you're in a debt consolidation program. Lenders will happily allow you to become a co-signer if your credit score is good.
Quote:You can co-sign for a loan even if you're in a debt consol
Quote:
You can co-sign for a loan even if you're in a debt consolidation program. Lenders will happily allow you to become a co-signer if your credit score is good. |
Excuse me?? Debt consolidation programs tank your score, which make you a poor credit risk. Most people are in debt consolidation programs because they are over extended or have crappy credit.
TO the poster....people IGNORE unregistered posts. They historically give out horribly wrong information in this forum.
To add to what soaplady said, most of the time when you're cosig
To add to what soaplady said, most of the time when you're cosigning a major loan (mortgage for example) the cosigner will be asked flat out "Are you in a DMP"?
