How to credit check Co-Signer in Canada

Question

Hello,

I am in Seattle area and I have a student applicant who is using a his mom as a co-signer. His mom lives in Vancouver, Canada. How would I credit check his co-signer?

Thanks

Drew Sygit · Answer

Canada has credit reports similar to USA.

Google to see if they have a version of TransUnion that can be used to access.

Kevin Sobilo · Answer

@Yoni Kaszynski, with a co-signer what I focus on is whether they are "collectible".

If worse comes to worse and I need to get a judgement against the tenant and co-signer(s) can I force them to pay?!? Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt. So, if the co-signer owns real estate that is usually sufficient.

However, you have the additional question about if and how you might enforce a judgement in another country.

How to credit check Co-Signer in Canada

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