Asked by Katherine  |  Submitted July 05, 2018

Will co-signing a loan be good or bad for my credit?

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  Answers  |  1

July 06, 2018

Co-borrowing is a huge commitment and you will be responsible for that debt until the loan is paid. If the borrower skips a couple of repayments, it can negatively affect your credit score as a co-borrower. In this video, Nav Head of Market Education Gerri Detweiler explains the risks of co-signing a loan.

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