Mortgaged co-borrower means that two or more borrowers jointly borrow money from creditors for the same purpose, which is the most common in mortgage. Under normal circumstances, married people who seek bank loans to buy a house after marriage usually borrow together, that is, both husband and wife are debtors of the bank and the bank is creditors of both parties. So, the credit report of the loan to co-borrower?

Is the loan provided to co-borrower for credit reporting?

Co-borrower conducted a credit survey at the meeting. As long as you are in co-borrower, whether you apply for a loan or get a loan successfully, you will leave a record on the credit inquiry.

1. When applying for a loan, the credit information of both parties in co-borrower will be inquired by the bank during the loan application stage, and the reason for the inquiry is loan approval, so the inquiry record of loan approval will be left on the credit information of both parties.

2. The loan was successful. After the loan is successful, the borrower and co-borrower can see the relevant information of the loan in the credit record-loan record on the credit report, including: loan amount, time, lender, monthly repayment amount and repayment status.

Although co-borrower can share the loan pressure, not everyone can become the co-borrower of the other side, which often requires close relationship between the two sides, such as spouses, children and parents can become co-borrower.