i have no idea
Cosigners take 100% responsibility of that debt. It is no different than if they went and took a loan out and gave you the money. If you choose not to pay then the Cosigner is stuck paying the debt. Most credit card companies will accept a cosigner as long as they know they will get their money one way or another. Cosigning for a small amount on a credit card such as $500 - $1,000 is a good way to help your children establish their credit rating and hopefully become more independent. Marcy
That is why the cosigner is there. To back up the contract if you bail.
Generally speaking no. Cosigners are needed for a purpose, and most often it is because the primary debtors has bad credit.
Most lenders prefer a cosigner to have a credit score of at least 620. However, cosigners with a credit score of 720 or above is always preferred.
It depends on how your father's death, the repossession, and the cosigners credit are corelated.
i have no idea
both owner cosigners credit will be affected both owner cosigners credit will be affected
Cosigners take 100% responsibility of that debt. It is no different than if they went and took a loan out and gave you the money. If you choose not to pay then the Cosigner is stuck paying the debt. Most credit card companies will accept a cosigner as long as they know they will get their money one way or another. Cosigning for a small amount on a credit card such as $500 - $1,000 is a good way to help your children establish their credit rating and hopefully become more independent. Marcy
That is why the cosigner is there. To back up the contract if you bail.
Generally speaking no. Cosigners are needed for a purpose, and most often it is because the primary debtors has bad credit.
There are 16 digits on a credit card.
Yes it possible to get a discount for credit card processing at many places. Many companies are giving discount for credit card processing online, but many companies charge more for credit card processing.
Most lenders prefer a cosigner to have a credit score of at least 620. However, cosigners with a credit score of 720 or above is always preferred.
There are many pre-paid cards and secured credit card options for those that have poor credit.
There are many requirements to applying for a credit card. The biggest requirement is having a good credit score. Without a good credit score, one cannot get a credit card.
Many credit card companies offer free credit cards with no annual fee. You are more likely to recieve a card without an annual fee if you have a high credit score. On such credit card company is Capitalone.com.