can i ask someone to co-sign my credit application ?

posted by askmrcredit on (6 years, 9 months ago)

You could ask a relative or friend with good credit to co-sign your credit application. A co-signer promises to pay if you don't and puts his or her own good credit at risk for you. If you don't repay the loan, the co-signer is responsible. While it's possible to build a credit history this way, for many people co-signing a loan or credit card is not worth the risk, so you may have trouble finding someone to help you.

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