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I co-signed on my daughters car loan through DCU. Her and I took a hit on inquiry, one for her 11 for me, so much for gardening.
She was approved cause of my co-signing. Will that loan show up on my report as a new tradeline if-so will it reflect a co-sign?
It will reflect as a joint loan and it will affect both credit scores accordingly
@Girac wrote:I co-signed on my daughters car loan through DCU. Her and I took a hit on inquiry, one for her 11 for me, so much for gardening.
She was approved cause of my co-signing. Will that loan show up on my report as a new tradeline if-so will it reflect a co-sign?
It will show up on yours and hers as a new tradeline under "installment loans".