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Question By
ojorge

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Fixing credit...
A friend of mine has bad credit, late payments, collections...She needed a car and I helped her out being a co signer for the loan.What does she had to do for the payments to help her with credit? do the bank splits the "credit" by the two of us?please help...

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If the lender reports to the credit bureaus (not all lenders do) then as long as payments are made on time her credit will improve. There is really nothing for her to do. Just hope that she makes all the payments on time, because if not, it will negatively affect your credit.

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