If you have a good enough income to qualify since the student loan is considered your loan.
No.
The other signer is responsible.
You may want to consider a federal student loan as these types do not require a cosigner.
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
As long as the loan is in force (until the loan is paid off)
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.
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.
You could get a federal student loan.
The options are limited. You must pay it off or refinance. You would have to get the bank to agree to a refinance with only you as the signer, if you qualify. Banks rarely remove a co-signer from obligations under a mortgage.
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.
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.
Depends on his age