If I am a co-signer for my son's car and have excellent credit, will I still be able to get a new car loan?

Answers:1   |   LastUpdateAt:2012-10-19 05:34:04  

Question
MTH
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If I am a guarantor for my son 's car and have excellent credit , I will still be able to get a new car loan ?
Answer1JayeAnswered at 2012-10-19 05:33:17
Sure, if you make enough money . MedlinePlus MedlinePlus If asked whether the co - signing the loan affects your debt / income in the calculation of credit and income verification , the answer is yes . MedlinePlus You co - signing your son is like you bought the car yourself when it comes to looking to get qualified for a loan on their own.
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