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Absolutely anyone that can qualify for credit can cosign a loan for anyone. But be careful, as the person cosigning takes full responsibility for seeing the loan is payed and will be the one sued for failure to pay (not the person they cosigned for) should the lender decide it is necessary to sue (e.g. the car was destroyed while uninsured and thus cannot be repossessed and no insurance settlement will be made).
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∙ 9y ago
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Can a retired grandparent cosign?
That's up to the lender.
Why should a retired grandparent not cosigh a student loan?
Grandparents might not cosign a loan because they might not trust a grandchild or the grandparents might not think they will have the income. Sometimes grandparents simply do not like to cosign loans. Ask the grandparents. Most grandparents will give an explanation.
What is the cosign of pi?
The cosign of pi is -1
How many time can you cosign a car?
how many times can someone cosign a car
What are some good cheers for grandparent day?
Grandparent love, grandparent provide, grandparent are always at your side!
What are some cheers for grandparents?
Grandparent love, grandparent provide, grandparent are always at your side!
Do you have to be a relative to cosign?
no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.
When might two people need to cosign an agreement?
Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.
What part of speech is grandparent?
"Grandparent" is a noun
Why you shouldn't adopt a grandparent?
If you adopt your own grandparent then you will be your own great grandparent and things get confusing.
What is the cosign of 20?
about 0.4080820618
Can a minor cosign on a loan?
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
