Free AdviceGet Free Advice
Home | Get advice | Give advice | Topics | Columnists | - !START HERE! -
Make Suggestions | Sitemap

Get Advice


Search Questions

Ask A Question

Browse Advice Columnists

Search Advice Columnists

Chat Room

Give Advice

View Questions
Search Questions
Advice Topics

Login

Username:
Password:
Remember me
Register for free!
Lost Password?

Want to give Advice?

Sign Up Now
(It's FREE!)

Miscellaneous

Shirts and Stuff
Page Backgrounds
Make Suggestions
Site News
Link To Us
About Us
Terms of Service
Help/FAQ
Sitemap
Contact Us

guarantors


Question Posted Saturday January 1 2005, 12:19 pm

here goes if you are a guarantor for a relative who is buying a car & their credit rating is low and they default on payment does it effect your credit rating?

[ Answer this question ]
Want to answer more questions in the Work & School category?
Maybe give some free advice about: Personal Finance?

dreamingkat answered Tuesday January 18 2005, 6:18 pm:
Yes. Being a guarantor for a relative means that you agree to pay if they don't. If they default on payment, you either pay it off for them, or your credit is affected just like theirs is.

[ dreamingkat's advice column | Ask dreamingkat A Question ]


Miss_Adriauna04 answered Saturday January 1 2005, 4:53 pm:
no idea sorry

[ Miss_Adriauna04's advice column | Ask Miss_Adriauna04 A Question ]

More Questions:

<<< Previous Question: Make-up
Next Question >>>

Recent popular questions:
Want to give advice?

Click here to start your own advice column!


All content on this page posted by members of advicenators.com is the responsibility those individual members. Other content © 2003-2025 advicenators.com. We do not promise accuracy, completeness, or usefulness of any advice and are not responsible for content.

Attention: NOTHING on this site may be reproduced in any fashion whatsoever without explicit consent (in writing) of the owner of said material, unless otherwise stated on the page where the content originated. Search engines are free to index and cache our content.
Users who post their account names or personal information in their questions have no expectation of privacy beyond that point for anything they disclose. Questions are otherwise considered anonymous to the general public.
eXTReMe Tracker