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Can a senior citizen on social security co sign for a college loan?
Wiki User
∙ 11y ago
Yes, but they must be fully informed about their responsibilities under the loan. They will be fully responsible for paying the loan if the primary borrower defaults. That has resulted in many seniors losing their homes when they couldn't afford to pay. The creditor can sue them in court in the case of a default and if successful can obtain a judgment lien that can be recorded against any real estate they own.
Wiki User
∙ 11y ago
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Is age 58 considered a senior citizen in the US?
65 is typically considered to be a senior citizen, this is when full social security benefits kick in. Although many organizations and companies offer discounts and benefits anywhere between 50 and 65.
What age group does a person need to be in to be considered a senior citizen?
At the age of 62, a person can retire with social security benefits. Therefore, a person at the age of 62 or older could be considered a senior citizen.
Is a Social security number required to be president?
Of the United States of America, Yes. You have to have a social security number to be a citizen and you have to be a citizen to be president.
How much do you get paid if you are a senior citizen?
each person's social security benefit [check] is a math formula based on their prior income over x years
How do senior citizen felons support themselves since some have never worked an honest living to be able to collect any retirement or Social Security?
Crime
How do you organize a senior citizen social group?
call them or visit their homes
An article explaining how to live on Social Security?
Senior Citizens
Do you need to be a citizen of us for social security benefits?
yes
Can senior citizen's Social Security and pension benefits be garnished for non payment of credit card debt?
No. If a creditor other than the federal government tries to garnish your Social Security benefits, inform them that such an action violates Section 207 of the Social Security Act (42 U.S.C. 407).
If you are applyig for a replacement Social Security card and already have a number but is not a citizen What happens if you say you are a citizen on the application when you're not?
its illegal to claim that you are a citizen when your not. you have to submit a letter to your social security office of what your mistake was and wha the correct answer should be. Claiming that you are a citizen when you are not could jeopadize your process to be an American citizen.
Who is the audience for this story a story about changes in Social Security?
Senior citizens
How is senior citizen housing funded in the United States?
Much senior citizen housing is covered by social security benefits and medicaid. These benefits will cover minimum housing standards according to state and federal governments. Private funding from individual donors is often used for nursing home costs that are not covered by state assistance.
