Question about Cosigner?

[sassyd]

I was the "co applicant" for the car that my fiance and I purchased (he has much better credit than I do)...

 

Question... does/will this account be listed on my credit report???

 

If so, does the financing company do a hard pull for a co signer? i'm asking because I have the myFico score watch and I havent' had anything come up yet for new accounts, inquiries, etc.

[MarvBear]

At the top of the contract, is YOUR name also listed along with the Buyer?

 

You should look at the top left hand portion of the contract. There will be a box labeled "Buyer (and Co-Buyer) Name and Address (including County and Zip Code)" or similar notations.

[sassyd]

Yes, it does

[MarvBear]

Who is the leinholder?

[sassyd]

Leinholder?

 

We financed thru Honda Financial

[Mayor]

Than yes it will report to your credit report.

[sassyd]

That is fantastic... I need all the positive TL's I can get!

[MarvBear]

Then if your leinholder is Honda Financial, I would surmise they would access at least one of your CRA files.

 

I would also anticipate that they report the loan in your name also with the correct ECOA code.

[sassyd]

What is ECOA???

[MarvBear]

http://www.ftc.gov/bcp/conline/pubs/credit/ecoa.htm

[marlin40]

http://creditboards.com/forums/index.php?showtopic=126049

 

Marv...any assistance with this??