Ippudu Naa Doubt Emitante

[ringa_ringa]

 

oka vela pote 10 points potai anukundham railubandi ... nenu anni timely payments katti and bills anni on time lo pay cheste ... enni months padathundi rough ga peragataaniki...

 

nenu oka 4-5 months taruvaatha loan auto loan apply chedham anukuntunna credit union lo ... so appatiki 10 points taggite prob avthunda? already co-applicant ga vunnadhuku naaku loans ki emaina prob avthunda anedi question  spiderm_dnc1 

 

 

treat this co-signing as ur loan, it show up on ur account!!

 

so 4 months taravata neeku auto loan kavalante, neeku oche loan amount depends on ur income to debt ratio... and interest rate also changes

 

So simple answer is depends on what loan you are co-signing to!! if it is high amount, YES it definitely effects ur car loan 

[Ranga_The_Donga]

10 point ani enduku anukuntunnav???

 

That's a big calculation, and depends on what type of loan you are taking, and as of now what is your credit score, and how many credit esquires you have on you account in last 12 months.. etc

 

and depends on where the credit score is pulled from, like  transunion? Equifax?  Experian?? Depending on all these factors, your FICO score changes

 

and it can be from ~ 5-40

 

You might gain those points in 4 month period, but that hard inquiry stays on your account in that 4 months, so when you pull for auto loan after 4 months, its gonna show up on ur account, not that only one hard inquiry effects... but it might depending on your situation..

bhaiyyaa... 4 months taruvaathha show up aitundi ani oka avgaahana vundi naaku kooda... kaani daani molaana naaku major bokkalu emaina vuntaaya ani thinking chestunna...

 

ante ippudu co-applicant ga nenu no cheppakaligentha STRONG VALID LOGICAL reasons emaina vunnaya ani thinking...

P.S naa varaku vaadiki help cheyyalane vundi... even if its risk of lowering credit score... but aah risk magnitude enta ani i am trying to think out loud...

[kakatiya]

Cosign cheyoddu

Neeku benifits emi vundavu