When I went to college I didn't have mch credit history and my parent's credit wasn't great either due to BK, so my grandfather cosigned on my private loan from Sallie Mae (now Navient). Now that I'm looking more into my credit, I would like to remove him as cosigner, especially consdering his age and the fact that if he passes my loans will go into auto-default (according to Google). I meet all the requirements, so that's not an issue. The issue is I just applied for three credit cards, my first cards as primary account holder, and so have 2 inqs on TU and EQ and 3 on EX. My question is threefold:
1. Should I wait until those inquiries have aged a bit before going forward with this? Will those inquiries hurt my chances of being approved for the release?
2. Should I be concerned that I have one 60 day late payment showing on my report for 4 student loans (all one payment) with another servicer? They're 4.5 years old. Should I wait for them to fall off in 2.5 years?
3. What kind of credit score are they looking for? My scores are good but not great and will likely drop a bit once my new accounts begin reporting. Should I wait for those accounts to age a bit?
Thanks in advance!
