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It is my understanding that a co-borrower is a person who will also avail of the loan and shares the responsibility of repaying it, while a co-signer guarantees that the borrower(s) will repay the loan, and will be resonsible for it if the borrower does not repay it.
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∙ 13y ago
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Which credit cards let you have cosigners?
i have no idea
Does breaking a lease hurt cosigners credit?
That is why the cosigner is there. To back up the contract if you bail.
Can a cosigners name be taken off a loan within a year?
I wish your name could be taken off in a year. As long as that person owes money on the contract you are stuck to that contract like white on rice. I'm in the same sinking ship as you.
Can a cosigner have bad credit?
Generally speaking no. Cosigners are needed for a purpose, and most often it is because the primary debtors has bad credit.
Does a cosigner on a mortgage mean that person is an owner of the property?
Yes it does, Only after you refinance the property may you take the cosigners name of the mortgage loan.
When your Father passed away how bad will a car repossession affect a cosigners credit?
It depends on how your father's death, the repossession, and the cosigners credit are corelated.
Which credit cards let you have cosigners?
i have no idea
Does buyer and cosigners names both appear on title?
no
If the cosighner stops making payments on car loan but has the car and wont return it?
both owner cosigners credit will be affected both owner cosigners credit will be affected
Can an apartment landlord in California refuse cosigners?
Yes. It's not always the landlord that owns the apartment block, but a company and he has to go by the rules. The company has a right to a degree to decide who to rent too and refuse cosigners.
If a person defaults on mortgage payments will this affect the cosigners on their student loan?
yes
What is a full form for the word cosigners for cse branch?
Computer Science & Engineering
Does breaking a lease hurt cosigners credit?
That is why the cosigner is there. To back up the contract if you bail.
Do cosigners for vehicles need a license?
guess what, a cosigner is an owner under the eyes of the law and the dealer....
How do you get a cosigner off of a car title if the car is paid off?
You cant without the cosigners approval.
Can cosigner husband to personal loan make changes without cosigners wife's permission plus California?
No
Can cars registered to different drivers be included on the same policy?
Yes so long as it meets the required terms for insureds interest and coverage. Common on family policy, cosigners etc. "An insurable interest must exist"
