I am planning to take a HOME LOAN for myself in a month. One of my cousin just asked me to be a guarantor on a CAR loan he is taking. If I am ready to be a guarantor on the car loan, will my CIBIL score be affected because of it?
Will I face any kind of problem or will it affect me in any way to get my home loan just because I am a guarantor on a car loan.
Will it affect my eligibility of the home loan?