Co-signing on auto lease

[Spydc]

If i were to co-sign on an auto lease from Honda for my bro-in-law, would it immediately appear on my credit report or will it only appear if something negative happens.

[MarvBear]

I would presume that AHFC would report both the maker and the co-maker during their normal cyclical monthly updates to the credit repositories.

[mk_378]

It is standard practice among all big companies to report the same thing to both people's credit reports. Who signed first and who signed second does not matter. They report every month good or bad.

[gamecockcountry]

I had a parent co-sign my first auto loan and lease. Both reported every month to both of our credit reports. Payment history was perfect.

 

I co-signed with my ex wife and that also showed up on both of our credit reports.

 

There is a line on the credit report that states you are joint on the loan/lease.