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14y ago

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What do I need to cosign a car loan?

To cosign a car loan, you typically need a good credit score, stable income, and a willingness to take on responsibility for the loan if the primary borrower fails to make payments.


When might two people need to cosign an agreement?

Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.


Does a cosigner need a driver's license?

You need a lisence to drive the car, but not to cosign a loan.


Does my child need my permission to get college loans?

Most of the time they need you to cosign in order to qualify for a loan. You can try a stafford loan.


Can someone on disability cosign a mortgage loan?

You need to ask a mortgage agent.


What happens if you cosign a loan and the other person dies?

If you cosign a loan and the other person dies, you may become responsible for repaying the loan in full. It is important to carefully consider the risks before agreeing to cosign a loan.


What do you need to cosign for a car?

To cosign for a car, you typically need a good credit score and a stable income to help the primary borrower qualify for the loan. By cosigning, you are agreeing to be responsible for the loan if the primary borrower fails to make payments.


Can my wife cosign a car loan for me?

Yes, your wife can cosign a car loan for you. This means she is agreeing to be responsible for the loan if you are unable to make payments.


If i cosign a student loan what are my responsibilities?

Go to salliemae.com and that will give you all the info. you need.


Can an employer co-sign for a student loan?

Yes, an employer can cosign for a student loan. Any one can cosign for a student loan if they meet the requirements.


What do you need to cosign a car?

To cosign a car, you typically need a good credit score and a stable income to show the lender that you can help repay the loan if the primary borrower is unable to do so.


Which companies are willing to cosign for you?

Banks, credit unions, and some financial institutions are willing to cosign for you if you need a loan or credit but don't have a strong credit history.