My husband and I are both USAA customers. We are looking to purchased a vehicle soon, and I have a question. I have exellent credit, and my husband's credit is not so good. I am looking to boost his credit by wanting to put the auto loan in his name. If I co-sign the loan, will this help the interest rate USAA will issue or will the interest rate be based solely off my husband's credit report/score?
Thanks for any advice in advance. Thanks!
I am not a financial expert, but our CERTIFIED FINANCIAL PLANNERS answered a similar question from another member about building their spouse's credit:
And more advice to improve credit scrores: