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If you have a good enough income to qualify since the student loan is considered your loan.

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โˆ™ 2011-08-28 17:44:36
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Q: Can you get a loan if you are a co signer for a student loan?
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Related questions

Can a co-signer on a student loan get that discharged?

No.


What happens if co-signer of a student loan dies?

The other signer is responsible.


How do you get a co signer off your loan if you have bad credit?

In the US, the only way to get a co-signer off your student loan is to pay off the loan perhaps by consolidating the loan.


How can you get a student loan without a co signer?

You may want to consider a federal student loan as these types do not require a cosigner.


How long does a co signer stay on a student loan?

As long as the loan is in force (until the loan is paid off)


How can you finance to study in the US as an international student without a co-signer?

Hello I Am BinhPhan i have been searching for a co-signer to help me apply for an international student loan to study business administration in the UK or US and i don,t known how to get a co- signer andis it possible to get a loan without a co-signer. Thanks for your Gesture Michael


Are Student loans no co-signer?

It is perfectly acceptable for a parent or guardian to co-sign on a student loan. Actually, this is usually the case as the student doesn't have enough credit to qualify for a student loan by themselves.


Can a cosigner of a student loan be removed and replaced by another person?

a co-signer can not be simply "substituted" . A new loan must be structered with the primary and the new co-signer, then the first loan would be paid off.


Can you get a loan for college having no co-signer and also having bad credit?

You could get a federal student loan.


Can a co-signer make a primary signer refinance?

No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.No. A co-signer has no such authority over the primary borrower. The co-signer is on the hook until the loan is paid off.


Can the cosigner of a student loan be removed from the loan after the student finishes college and has a job and the ability to repay on his own?

No, a co-signer is legally and equally obligated until the loan is paid in full or until the loan is refinanced w/o the original co-signer being a party to the action.


Who is responsible for student loan debt after your death?

The student's estate is responsible for paying their debt unless there was a co-signer. If there is no estate the lender is out of luck. If there was a co-signer the lender will seek payment from that party.


Can a co-signer of a car transfer all debt to the main signer of a car?

No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.No. The co-signer will be responsible for paying the loan until it is paid off.


How can your son apply for a student loan without him having a co signer and get approve?

Depends on his age


What can happen to a co-signer if you default on your student loan?

Everything that could happen to you for non-payment.


Can a cosigner have their name removed from a loan if the co-signer is incarcerated?

No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.No. The co-signer would be responsible for paying the loan.


How is the co signer affected if the primary borrower defaults on a home equity loan?

The co-signer will be responsible for paying the loan. If they don't pay their credit will be ruined. That is the reason why lenders require a co-signer, to increase the likelihood the loan will be paid. The co-signer is equally responsible for paying the loan.The co-signer will be responsible for paying the loan. If they don't pay their credit will be ruined. That is the reason why lenders require a co-signer, to increase the likelihood the loan will be paid. The co-signer is equally responsible for paying the loan.The co-signer will be responsible for paying the loan. If they don't pay their credit will be ruined. That is the reason why lenders require a co-signer, to increase the likelihood the loan will be paid. The co-signer is equally responsible for paying the loan.The co-signer will be responsible for paying the loan. If they don't pay their credit will be ruined. That is the reason why lenders require a co-signer, to increase the likelihood the loan will be paid. The co-signer is equally responsible for paying the loan.


What happens when a car payment go into default for the cosigner?

The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.


Is it legal to ask for a cosigner after a car is repoed?

You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.You can only have a co-signer during the loan application process.


Will the lender check the co-signers credit?

Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.Yes. The purpose of requiring a co-signer is to guarantee the loan will be paid if the primary borrower fails to pay. Therefore the lender will check the co-signer's credit and the loan will appear as a debt on the co-signer's credit record.


Can you refinance using a co-signer?

Yes you can, but the co-signer must qualify for the loan.


Can a car loan be transfferd?

It can be transferred to a co-signer only. If their is no co-signer on the note, then your answer is no.


What if the primary signer on a loan defaults?

If the primary signer defaults the co-signer will become responsible for paying the loan.


Can a co-signer repossess a vehicle if a sibling is not making payments?

The co-signer is typically a person who signs for the car loan; the co-signer may or may not be listed as a co-owner on the title. If the co-signer is also a co-owner, the co-owner who is paying the loan can legally take the car. However, if the co-signer is not a co-owner, taking the car would be grand theft auto. Incidentally, if the co-signer is not also a co-owner and the loan falls into default, both the signer and the co-signer will be identified in credit reports as defaulting on a car loan, even though the co-signer did not have or use the car.


What happens to a co-signer if the signer of the loan files bankrupt?

The co-signor becomes responsible for the balance due on the loan.