Home Loan

> >

Is Co-signing Bad for Credit Score?

Will Cosigning Hurt Credit Score

Being a co-signer for a joint home loan will affect the co-signer credit score because a co-signer holds responsibility equally for the debt of the borrower. A co-signer may face difficulty in borrowing a loan for him or herself in many cases of co-sign home loan. In cases of refinance home loan with co-signer the risk remains the same. If the borrower fails to pay EMI according to the home loan interest rate then the default also affects the co-signer’s credit score.

Home Loan Instant Approval

Please enter your first and last name
Please enter 10 digit mobile number
Please enter valid Office Email ID
Please select your employer name from list

People Also Considered

Home Loan Balance Transfer

Get a top-up loan without any extra documentation


Homes and Loans

Find your dream home from
18000 + properties

Explore More

Home Loan EMI calculator

Calculate your monthly EMI, installments and rate of interest applied on the loan amount


Home Loan eligibility calculator

Determine your Home Loan eligibility and accordingly plan the application amount