Co-Signers and Delinquent Payments on Credit File
My father co-signed for my brother on a car and every time my brother is late on a payment, my father is notified and makes the payment. My question is this - isn't there a michigan law that protects the co-signers credit history by notifying the co-signer of the late payment and giving them the opportunity to pay the account without the late payment reflecting late on the co-signers credit file?
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