If you cosign and the debt is not paid off, that fact does not become a part of your credit record.

Name: If you cosign and the debt is not paid off, that fact does not become a part of your credit record.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If you cosign a loan and the primary borrower fails to make payments, it can negatively impact your credit score and become a part of your credit history. The lender can report late payments or default on the loan to the credit bureaus, which will then reflect on your credit report.

If You Cosign and the Debt Is Not Paid Off