I've heard conflicting information on his.
My MIL is willing to cosign for a vehicle for us, DH has an open chargeoff from Sears and an open collection (which is actually not supposed to be there, Verizon had double accounts for us and stuck one in collections even though the other was paid in full) and his scores are probably about 560 or so now.
Do cosigners help people with bad crediy or do they only work for people with little/no credit?
Thanks
My MIL is willing to cosign for a vehicle for us, DH has an open chargeoff from Sears and an open collection (which is actually not supposed to be there, Verizon had double accounts for us and stuck one in collections even though the other was paid in full) and his scores are probably about 560 or so now.
Do cosigners help people with bad crediy or do they only work for people with little/no credit?
Thanks