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Yes if you have available credit, but it also takes away from your available credit and you are responsible for the loan. I would advise against it.
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∙ 12y ago
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Can you include closing costs in a home loan?
A person can include closing costs in a home loan. To include closing costs in a home loan certain criteria have to be met, such as the owner has to be willing to finance more than the value of the loan.
Can a cosigner cosign on more than one student loan?
You can co-sign on as many transactions as you feel like..Remember..Every time you co-sign on a loan, it will appear on your credit report..AND..If the person you co-signed for does not pay, you are responsible..Under normal circumstances, creditors asking for a co-signer know that the odds are close to 75% that you will end up making some of the payments.
Can a minor cosign a loan with someone other than his or her legal guardian?
If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.
Can a co signer sue the person who defaulted on the loan for the amount of the loan in question since the car was reposessed and that person is working and more than capable of making the payments?
Not likely. If you cosign then you are saying "I trust my credit in this person's hands." If the signer does not pay then it is the responsibility of the cosigner to take care of the payments.
What is an equity release loan?
An equity release loan is a means of borrowing money which will allow a person to release equity that has been storing up in their home, meaning that if a person buys a mortgage and the house earns/becomes worth more than what is said in the mortgage, the loan shall release this amount thus deducting from the mortgage.
Can a person co-sign for more than one car loan?
Yes, but the more loans they are on the more risk they are taking on and there by, lowering their own borrowing ability. Find out what car dealers don't want you to know at www.dealertricks.com
Can an oral agreement make you a cosigner on a loan?
No. You will still have to go and sign the loan and you have the right to not sign under duress. Don't let anyone push you into something that is not for your own good. You will regret it more than if you refuse to get involved to begin with.
What is it called when more than one person can individually sign a check?
Joint account.
Can you include closing costs in a home loan?
A person can include closing costs in a home loan. To include closing costs in a home loan certain criteria have to be met, such as the owner has to be willing to finance more than the value of the loan.
can the underwriter stipulate who can be on the title when there are two people on the loan?
From what I have read, no, a underwriter cannot stipulate who goes on the title if the loan is in more than one person's name. Normally, both names that are on a loan have to go on the title of the purchase from the loan.
Can a cosigner cosign on more than one student loan?
You can co-sign on as many transactions as you feel like..Remember..Every time you co-sign on a loan, it will appear on your credit report..AND..If the person you co-signed for does not pay, you are responsible..Under normal circumstances, creditors asking for a co-signer know that the odds are close to 75% that you will end up making some of the payments.
What do you call more than one person is a Gemini?
The astrology sign Gemini is represented as twins.
Can a minor cosign a loan with someone other than his or her legal guardian?
If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.
What does the more than sign looks like?
the more than sign looks like this > and if you want to know the less than sign it looks like this <
Can a blind person get a special designated driver in order to get car loan approval?
a blind person with good credit has a more chance than a person who can see with bad credit maybe it's the credit of the person
How many more corners does a stop sign have than a yield sign?
a stop sign has 5 more corners than a yield sisn
Can a co signer sue the person who defaulted on the loan for the amount of the loan in question since the car was reposessed and that person is working and more than capable of making the payments?
Not likely. If you cosign then you are saying "I trust my credit in this person's hands." If the signer does not pay then it is the responsibility of the cosigner to take care of the payments.
