Tuesday, August 16, 2011

Is it true, if I have a cosigner for my loan-once repayment start the cosigner gets the credit history benefit?

I was planning to have a car loan and being new, I intend to have a co-signer. Someone told me that if I have a co-signer, once i start the repayment - he/she will get benefit and their credit history will improve and no change to my credit history. is that true?

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