@meeklo062704 wrote:
I'm sure they'd correct it at a dealership, but when filling out an app online does it matter who is put down as signer and signer? My wife and i have similar credit except for a few things. I have a small medical collection that's almost paid off, and was the primary on our auto loan that closed on August. the only good thing on hers that's not on mine is an installment account for $1000 from a couple of years ago. Will they automatically fix it so the right person is on top?
Yes, it matters. The person you list as the applicant needs to be the applicant and the next space for the co-signer needs to be the co-signer, never expect a financial institution to fix something automatically on an application.
@meeklo062704 wrote:
But I'm wondering if the person with stronger credit or a higher score needs to be on top. Does it equal out the same, or does putting the lower score as the applicant change the interest rate or qualification for the loan?
If both have to be on the application, the co-signer should be the one with stronger credit. Having a co-signer with bad(not saying in your case, but in general) credit, it defeats having the use of a co-signer.