“That depends. Will you be making your payments on time? If so, then putting your mom on the car loan will benefit you both, as long as you continue to make on-time payments.
The real problem comes with getting your mom approved as your cosigner. Lenders want to know that a cosigner with bad credit isn’t a hindrance or a liability on the loan itself. As a result, you can attempt to add your mom to the car loan, but there’s no guarantee that they’ll accept her. In the meantime, suggest to your mom that paying off other debt can benefit her by improving her overall credit situation.
“