Yet not, in the event the co-applicant enjoys a woeful credit rating, this may negatively affect the probability of getting acknowledged

2. credit score: A co-applicant’s credit score is taken into account when applying for a loan. If the co-applicant has a good credit score, it can increase the chances of getting a loan approved, and may even result in a all the way down interest rate. A guarantor’s credit score is typically not considered unless […]