![](https://www.bankrate.com/2022/09/28172933/Loans_What-happens-to-a-co-signer-when-a-car-is-repossessed_.jpg?auto=webp&fit=crop&width=230&height=150)
What happens to a co-signer when a car is repossessed?
If the car you co-signed for gets repossessed, your credit will take a hit.
Emma Woodward is a freelance personal finance writer with a knack for simplifying tricky financial concepts. She's been writing for over eight years professionally. Her clients have included Finch, Gusto, HomeLight and Toast, and she’s been featured on The Financial Diet.
When she's not helping you balance your budget, you can find her writing about real estate, food, and restaurant tech. She is also a working mom extraordinaire.
If the car you co-signed for gets repossessed, your credit will take a hit.
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