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 Credit Cards
Profile Image

Question By
confusedparent

0 Contributions
0 People Helped
co-signing kids credit cards
cosigned for kids credit cards while in college, now I want to get off.Do they have to take me off or can I contact the company to get off? If they're maxing their cards out will getting off of theirs help my credit score?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2885 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

That may be a problem.  When the creditor granted the cards, it was obviously contingent upon your income as well, so I really don't think they'll be willing to let you off the hook, especially since the cards are being maxed out.  You're a better bet than your kids (no offense), so I seriously doubt they'll be willing to do that for you.  Hope like heck they get the cards paid off and close them, then get cards in their own names.  Yes, getting you off will help your credit score.  You can always call the lenders and find out what their policies and procedures are for your scenario, it never hurts to try and they may have a solution for you.  Best of luck!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

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.