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How can you rent an apartment with no credit?
You may be required to have a co-signer or a roommate that does have credit.
Does Co-signing on an apartment rental affect my credit?
Yes it might effect the tenant for whom you have co-signed have the apartment does not paythe rent then the co signer is reposible and you have to pay the rent.
Can the spouse of a co-signer who is not involved in the loan sue the cosignee if the spouse enters into a new agreement with the co-signee to pay off the loan and the co-signee defaults?
How can they sue for non-payment if they are not part of the agreement? Why wouldn't the spouse sue?
Can a cosigner sue the primary borrower?
Anyone is allowed to sue anyone in this day and age, however, the point of having a co-signer is because the primary borrower may not have a credit profile strong enough to get a loan on their own. When suing someone, the goal is to get paid - if the primary borrower did not have enough money or enough credit strength to get a loan, what, exactly, will the co-signer sue them to get? So yes, a co-signer may sue the primary borrower, however, unless circumstances have changed massively since the shared loan was signed, there will be nothing for the co-signer to go after. Depending on the amount of the loan you can sue in small claims court or a higher civil court.
If you co-sign on an apartment and the leaser doesn't make payments can they take your home that you own for payment?
no the co-signer will have to make payments or they will be removed from residence.
How old do you have to be to rent an apartment in Arizona?
18, with a co-signer ... 21 without a co-signer
What recourse does co signer have if the primary debtor defaults?
The co-signer can sue the primary debtor for reimbursement of what the co-signer pays the creditor.
Can you get an apartment when your 17?
Not without a co-signer for a lease.
Can you get an apartment at 18 without a co-signer?
Each apartment complex has its own rules. Generally, if it is your first apartment, you will need a co-signer for the period of the first lease. After that, you should be able to do it on your own, provided that you have always paid the rent on time.
How can you rent an apartment with no credit?
You may be required to have a co-signer or a roommate that does have credit.
Can you get insurance on a apartment to protect a co-signer if you die?
If you die, your estate does not need to keep renting the apartment. You could purchase term insurance with your co-signer as a beneficiary so that any expenses you leave behind could be paid. It would not need to be specifically for the apartment.
Can a co signer sue the car owner?
Generally, yes, assuming that the "car owner" is the person who took out the loan that was co-signed AND that the owner defaulted on the loan and the co-signer was forced to pay the balance of the loan. Typically, the main borrower, i. e. the car owner, is primarily liable for the loan while a co-signer is only secondarily liable. This means that the co-signer has no obligation to make payments unless the primary borrower defaults. In most contracts involving co-signers, the contract will have a provision that if the co-signer has to pay on behalf of the primary borrower, then the primary borrower must indemnify the co-signer. If the primary borrower refuses to pay the co-signer, the co-signer can sue the car owner to recover what he paid for the car owner.
Does Co-signing on an apartment rental affect my credit?
Yes it might effect the tenant for whom you have co-signed have the apartment does not paythe rent then the co signer is reposible and you have to pay the rent.
Is co-signer dad responsible for rental apartment damages due to son's suicide attempt?
Yes. The co-signer is responsible for any unpaid rent or damages that are not paid by the primary.
Can a 16 year old rent an apartment?
In most cases, a 16-year-old cannot rent an apartment on their own because they are not legally considered adults and cannot enter into contracts. Landlords typically require tenants to be at least 18 years old or have a co-signer who meets the age requirement.
Can the spouse of a co-signer who is not involved in the loan sue the cosignee if the spouse enters into a new agreement with the co-signee to pay off the loan and the co-signee defaults?
How can they sue for non-payment if they are not part of the agreement? Why wouldn't the spouse sue?
Can a cosigner sue the primary borrower?
Anyone is allowed to sue anyone in this day and age, however, the point of having a co-signer is because the primary borrower may not have a credit profile strong enough to get a loan on their own. When suing someone, the goal is to get paid - if the primary borrower did not have enough money or enough credit strength to get a loan, what, exactly, will the co-signer sue them to get? So yes, a co-signer may sue the primary borrower, however, unless circumstances have changed massively since the shared loan was signed, there will be nothing for the co-signer to go after. Depending on the amount of the loan you can sue in small claims court or a higher civil court.
