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Yes. Be aware that the cosigner is the person whom the bank will go after 2nd if the primary signer defaults on payment. If this person cannot afford to have 2 different banks come after them, then they should not sign on 2 loans. So hopefully this consigner trusts both people to make their payments.

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โˆ™ 2006-03-14 00:54:00
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Q: Can a cosigner sign for one person at one place and also sign for someone different at another?
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Related questions

If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?


What does cosigner mean?

a cosigner is someone that also signs a note, meaning that if the original signer dose not pay the obligation the second signer or cosigner must pay. It means, if the person getting the loan does not pay it off, the cosigner is responsible for paying the loan off.

Can a cosigner live in a different state than the borrower?

That depends on the lending institution, but most lenders will accept an out of state cosigner as long as the person qualifies.

What are the rights of a cosigner?

A cosigner is a person who signs with another person for a loan of some sort due to credit issues or financial reasons. A cosigner unfortunately does not have as many rights as the person who is first listed on a loan. For example, if you purchase a car and your boyfriend/girlfriend cosigns for you and you two break up, they cannot take the car away from you. However, if you are late on payments, the cosigner will then be responsible for the payments.

What responsibility does a cosigner on an apartment lease have?

a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court

What do you call someone who cheats another person by using a different signature?

a forger

Can you be a co-signer with no job?

You can, but the more likely scenario is that you will be listed as the primary and the person who can pay will be the cosigner to secure the loan. If you are hoping to secure the loan for another party as their cosigner, it is not likely to happen. Unless you are fabulously wealthy, and can provide evidence of this to the lender, you will not be accepted as a cosigner.

Passive immuntiy is different from active immunity because passive immunity does what?

Passive immunity is different from active immunity because it means that you can get it from another person and you can give it someone else. Active immunity is when you get it by yourself, not from another person, and you cannot pass it to another person.

If we have bad credit will a cosigner help us get a mortgage?

Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.

How can the cosigner be soley responsible for a repossesion of a car?

According to the law, a cosigner signs for someone else that they think might not pay off the load. The cosigner signs a contract agreeing to pay the loan off if the other person does not. He can be solely responsible becase he signs a contract promising to do so.

Name a time when you have influenced someone?

There are many different times in which a person may have influenced another person. They may have influenced someone when they wrote a speech about a disease for example.

Is it possible to love someone who lives in another country so different from yours and you never met this person except online?

There is way you can love someone far away that is different from you. A person cannot help who they love.

If the cosigner is refusing to refinance or pay the auto loan off how could the primary person on the auto loan remove his or her name?

They would need to have the vehicle refinanced in their name only or obtain another cosigner for the refinancing.

What are the different definitions for proselyte?

The main definition of a proselyte is someone who tries to force their beliefs upon another person.

Can a person who receives Social Security be a cosigner?


What does slightly different take mean?

When we say a person has a "different take" from another person, we mean they think of a problem or situation in different ways. And anything that "slightly different" is different but not VERY different. For example... Suppose Person A says, "If someone asks me for money for food it is because he is out of luck and hungry, so I always give him a dollar." Person B says, "If someone asks me for money for food and I have the feeling that he is sincerely trying to improve his life, I give him a dollar." Person C says, "If someone doesn't have a job, let him starve." Person B has a slightly different take from Person A. Person C has a very different take from Person A.

What legal recourse is there for the cosigner when the person that was cosigned for has defaulted on the loan?

The usual legal recourse for the cosigner when the person named as the primary on a loan has defaulted, is to make the payments on the loan. Then, the cosigner can take the person who defaulted to court to try and recoup some of the money they are out. If the loan was for a car, some states allow the cosigner to take possession of the car and sell it to recoup losses also.

What happens if someone kills another person?

If someone kills another person, they should die as well for committing murder to a innocent person. Or you need to go to a trail.

How can you be a cosigner if the title is in the name of the person you cosigned for?

Many people cosign a loan for property they don't own. Many are uninformed of the consequences of cosigning. They don't realize they are agreeing to be completely responsible for a loan for property that belongs to someone else. If the primary borrower defaults on the loan and the cosigner must make the payments, the cosigner has no automatic right to the property.

Does the credit of the cosigner gets affected if car is not paid?

Oh yes it does. That person put their credit on the line when they signed the contract making me a cosigner.

What does someone mean?

it means you or another person!

Who is someone who represents another person?

an advocate

Is laughing bullying?

If someone laughs at another person because they look different; dress different or act somewhat different from most of their peers then yes, it is a form of bullying. Anything verbal or physical that hurts an innocent person is a form of bullying.

What is a volunteer?

a person who helps someone else for freeA person who helps another person.

Can someone with bad credit co-sign with someone with good credit and get a card using the other person's good credit?

You've got that stated backward. The person with bad credit who needs a credit card would be the borrower. He has to find someone with good credit to be the cosigner. And the cosigner has to really trust the borrower because he is going to be responsible for repaying the card if (when) the borrower doesn't.