This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
TCT FCU TCT FCU Go to main content
FAQs
Boat and RV Loans

FAQs

Home > Borrow > Vehicle Loans > Boat and RV Loans

Is it a good idea to cosign a loan?

By cosigning, you lend your name and good credit history to the borrower. Should the borrower fail to make payments, all responsibility for meeting the terms of the loan transfers to you, the cosigner.  The loan appears on both the borrower’s and cosigner's credit reports and may affect your ability to qualify for another loan.

This answer has been viewed 13363 times.



Related Questions
Go to main navigation
TruStage Insurance Discount - Learn More
Transfer a Balance

HAVE QUESTIONS

Want to learn more about our loans? Let's connect!

SEND A MESSAGE     STOP BY A BRANCH     GIVE US A CALL

E-NEWS

Get the latest articles and announcements in your inbox
Sign Up