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yes, especially if the first co-signer's credit is not as good as what the lender wants it to be.
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If My wife and I are co-signers on a car loan and We can't pay for it and I am disabled but My wife works will She be liable?
Your wife is responsible for the repayment of the loan. The reason lenders require co-signers is to increase the probability that the loan will be paid. Co-signers are equally responsible for repayment.
Are spouses responsible for a deceased husbands bank loan with several co-signers?
Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?
If you have a co-signer is the rate on your loan based on your credit rating or the co-signers?
YOURS.
Can yousitch co- signers?
The finance institution will decide if the new co-signer qualifies or not.
Is the co-signers credit affected if a monthly payment is late?
Yes. The co-signers credit can be affected if a monthly payment is late. He may also owe late fees.
Can you have two co signers on your car loan?
oh yea
When a felon is caught that out on bail are the co signers still liable to pay the balance?
Yes, if a felon who is out on bail does not comply with the conditions of their release or fails to appear in court, the co-signers may still be held liable for the full bail amount. Co-signers are financially responsible for ensuring that the defendant complies with the terms of their release.
How do you go from being a co-signer to being an owner of the property?
The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.The co-signers name must be on the title to the property in order for them to be a joint owner of the property. The owner must put the co-signer on the title to the property.
Can a person who financed a car co-sign for another person?
Yes, depends on the co-signers credit.
Can landlord refuse to have a co signers if applicant does not qualify?
Yes.Yes.Yes.Yes.
What is a co-signers liability if principle ower of car gets into a wreck and someone is injured?
Co-signer has equal responsibility.
If you co-sign with someone who defaults on the note is there any way to get it removed from the co-signers credit?
Do what you agreed to do. Pay the lender.
