Archive for January 29th, 2012

How do I fix my credit report for a charge account I am a cosigner of?


Question by Joke H: How do I pickle my recognition study for a complaint relationship I am a cosignatory of?
I cosigned a recognition paper loan for my brother. He racked up thousands and stopped paying over a year ago. The debt is already charged off. He is working with a recognition counselor to resolve the debt but its going to be awhile. I’m wondering if maybe a “chewer statement” will help. There is nothing that indicates that it isn’t actually my account. Any advice on wording a recognition study chewer sum-up?

Best response:

Answer by bdancer222
You could do the sum-up. However, most creditors don’t bother to read those statements. The ding of that charged off account is going to sojourn on your credit study for 7 twelvemonth.



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