First, let me say how much I appreciate everyone's advice and input. I recently found this site and have learned alot. I have searched to find the answer to this question, but haven't found anything exactly like this. If I have missed it, please accept my apology.
My parents are cosigners on an private student loan through great lakes. I am curious as to what will happen when I file, if it will show up on their credit report, if they will be contacted or if i continue to make payments if it will just not be an issue. I don't want to do anything to damage their credit and would prefer to handle this matter with out their invovlment (obviously to not worry them and to not feel as if I am dissapointing them.) Looked at options such as consolidation, but that doesn't seem to be an option for me with my debt to income ratio.
My parents are cosigners on an private student loan through great lakes. I am curious as to what will happen when I file, if it will show up on their credit report, if they will be contacted or if i continue to make payments if it will just not be an issue. I don't want to do anything to damage their credit and would prefer to handle this matter with out their invovlment (obviously to not worry them and to not feel as if I am dissapointing them.) Looked at options such as consolidation, but that doesn't seem to be an option for me with my debt to income ratio.
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