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In 2001 i was cosigner for buying a car, the buyer went in bankruptcy in 2003 and the amount still... |
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Date:
September 16, 2006, 10:19 pm |
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In 2001 i was cosigner for buying a car, the buyer went in bankruptcy in 2003 and the amount still due is on my credit report, i called the creditor and says i have to pay the total amount due, this is affecting my credit, what can i do.pls i applied for credit card and loans and this account is discharged or charge-off. |
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Answer:
The only way out for you is pay off the debt, though originally it was not your credit. If your credit score allows, apply for a balance transfer card to pay on better terms. All in all, you have to clear your credit report of this unpleasant issue. |
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