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Posted in Auto Loans
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beach425

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if I so-sign a auto loan how much will my credit score go down?

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Unknown.  But co-signing is the same as if you were taking out the loan for yourself because you are guaranteeing that you will pay the loan if the person you are signing for doesn't.  And that usually happens.  Can you afford that?  If the party needs a co-signer, it means they don't have a good credit history.  THEY should build their credit before taking on a loan.  Think very hard before taking on such a responsibility.

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