ajcstr Posted July 26, 2007 Report Share Posted July 26, 2007 If I cosign a student loan, how will it appear on my credit report? Will it have the same impact on my credit score as the plus loans I have taken out or less because I am not the primary lender? Link to comment Share on other sites More sharing options...
PolarBearnCO Posted July 26, 2007 Report Share Posted July 26, 2007 Cosigners are equally responsible for a loan, so I'd think it would have the same impact. Link to comment Share on other sites More sharing options...
ajcstr Posted July 26, 2007 Author Report Share Posted July 26, 2007 So Cosigner and coborrower would be the same thing?Sorry - just found the answers - maybe this can help someone else:http://financialplan.about.com/cs/personalfinance/a/CosigningLoans.htm Link to comment Share on other sites More sharing options...
CleverCynic Posted July 27, 2007 Report Share Posted July 27, 2007 School loan = Always cosignAll others = Never cosign Link to comment Share on other sites More sharing options...
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