Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Loans
Profile Image

Question By
KsMuffin

0 Contributions
0 People Helped
Co-Signing a Car Lease: How will this change my credit score?
January 2013 I signed a car lease for a Mitsubishi Lancer with my dad. I believe he was the main-signer for the lease and I was the co-signer since I didn't have sufficient credit. I've made all my payments on time. I'm 20 years old and have a relatively young credit history if that helps any.

When the lease term ends, how will it effect my credit score? I've made a year of on-time payments and my score hasn't been affected at all. I'm worried that I won't be able to lease another car after this one ends due to my score not changing.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.