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Car loan
davebib
Posts: 7 Forumite
My daughter has had a loan for a car which she cannot afford it's in her na
e but my address if it gets reposesed will this blacklist my house
e but my address if it gets reposesed will this blacklist my house
0
Comments
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Has your daughter started a repayment plan to sort this?
If it is in her name it wont affect you, but wont stop the threatening letters/calls so she needs to ensure she communicated with them.DebtFree FEB 2010!Slight blip in 2013 - Debtfree Aug 2014 :j
Savings £132/£1000.0 -
Credit is against her name and address, if only one match up then it doesn't show on a credit report.
I.e. You state your name and where you have lived for the last 6 years.
As such your address on its own, is not blacklisted. Addressed can never be blacklisted, just more at risk of fraud like some places in london have very high ID fraud areas. So neither you or anyone at your address will be affected.Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.
There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies0
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