@Anonymous wrote:
I recently co-signed for an auto loan for my grandson. Will this affect my FICO score immediately?
Assuming the rest of your history is clean, the effect of this loan on your FICO score should be modest. However, to protect yourself do make sure you have access to the account information at the lender's website so that each month you can verify that your grandson has paid on time!
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it
