Our daughter has asked to be a guarantor on a car finance deals she is getting, what does it mean?
Maureen asked:
Our daughter has asked to be a guarantor on a car finance deal she is getting, what does it mean?
Reply:
The larger thing is co-signed loans are reported on both persons credit equally, so if your daughter makes the payments as agreed you both will benefit credit wise, on the other hand if she misses phentermine online without a prescription a few and ode's not tell you you both will suffer credit wise.
No one that looks at your credit in the future will know who is the primary signer and who is the secondary signer the account will either be marked with a "C" for co-sigh or a "J" for joint.
This is something only you can decide.
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