Negotiate a Debt Settlement

debt settlement.?

I am going to go through a debt settlement company. The problem is that my one large loan is still in my mother's name as the #1 borrower. My name is also on it as the #2 borrower. I make all of the payments on this loan. If I were to settle this It could effect my credit. I don't want it to effect my mother's credit. Would it still effect her credit?

Public Comments

1. most definatley will affect your mothers credit. I would talk with mom or make damn sure this one is paid before anything else. if she was nice enough to cosign with you, the last thing to do is screw her credit up....
2. You can find some good information to become debt free at http://www.mycashdiary.com