Credit Cards – pay off interest rates

May 21, 2008

Will it affect my credit score and borrowing amount for future loans if I’d be a co-signer for a student loan?

T G asked:


I’ve just applied as a cosigner for my son’s college loan. Will it affect my credit score and the amount I’d be eligible to borrow in the future mortgages and home equity loans? (I have a perfect credit history and some mortgage-free properties)

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