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Its very unlikely.
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∙ 14y ago
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Can you cosign on more than one car?
Probably not. Unless you have exceptional credit.
Can someone without a job co-sign on a car?
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
Can your husband cosign on a car loan with a suspended license?
ok Should not be a problem. A car loan is about credit, not driving.
Does your credit go bad if you cosign on a car?
if the principal loanholder defaults you will be stuck with the payments.Miss them and your credit can go VERY BAD!
If you are sixteen can you get a loan for a car if you have somebody with good credit who will cosign for you?
Yes, that's the simplest way to do it.
Is it better to build credit by financing a car in one name or two and will it build your spouse and your credit faster to cosign?
yes itis better
How many time can you cosign a car?
how many times can someone cosign a car
If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?
Yes.
Can a person with bad credit cosign for a car loan?
I don't think so. The reason for a cosign is because the person buying the car has bad credit and the cosigner is a guarantee to the bank the loan will be paid. Two bad credit reports doesn't equal one good one. Since you have credit problems I wouldn't sign because that will add to your debt ratio to income and actually harm your credit.
Where can one get a car loan when they have no credit?
The best place to get a car loan when you have no credit is at the local bank or credit union that you have had an account at for a prolonged period of time. If you've never belonged to a bank or credit union you can ask your family if they will cosign a loan at their financial institution.
Can you cosign for a car loan for your child if you have a car loan now?
As long as you have enough credit available yes. Just remember even if the payment is from another source, you are responsible and it eats into your available credit until it is gone.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
