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re: Credit score queston

Posted on 2/8/16 at 8:24 pm to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35614 posts
Posted on 2/8/16 at 8:24 pm to
quote:

Call the lender and explain the situation and the may remove it. I know people who have done this.


I wouldn't do this. The son needs to learn a lesson to pay his obligations on time.
Posted by Solicitor
Member since Nov 2013
249 posts
Posted on 2/9/16 at 3:57 am to
quote:

The son needs to learn a lesson to pay his obligations on time.

So if I understand you correctly, you think dad, the cosignor's credit should take a hit in order to teach his kid a lesson?
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 2/9/16 at 4:56 am to
quote:

The son needs to learn a lesson to pay his obligations on time.
I bet his son just feels terrible that his laziness cost his dad a 5% drop in his credit score. Huge life lesson for him. He will probably carry this shame to his grave.
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