Steve asked:


I recently found out that someone had used me as a co-signer on a loan and was close to defaulting on it. I contacted the company and got taken off of the loan. over the last 120 days a payment hasn’t been made and that has been reported on my credit report. The loan issuing company has sent me a letter and told me that they have contacted the credit bureau’s. How long does this take to come off of my report and stop goofing up my score?

Kim