What happens if i sign for someones cell phone bill for them and they dont pay. do i get bad credit?
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i recently signed for someones cell phone bill because they were underage and now they owe 7000$ to bell and cannot pay and seeing as it is in my name i am scared that i will have bad credit and not them. what is going to happen?
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Answer:
You'll get bad credit n they will add in late fees plus they will come after u to pay it
Jesse at Yahoo! Answers Visit the source
Other answers
Yep. You're screwed. NEVER CO-SIGN FOR ANYTHING!!!! TWD
You can and will get bad credit for this default if you don't pay it. There is never any reason to cosign for someone's cell phone account as there are many excellent prepaid options with no credit check required....
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