Most freshman will in fact need a cosigner for loans. The need of a cosigner is dependent on how much good credit history the student has available. So, if for example the student was in their late 20's and had successfully paid all debt prior they would not need a cosigner.
3.8 / 4.0. Some schools, such as my high school, are much higher. There is no chance of getting in without college or college-level courses on your transcript.
Welcome Freshmen - 1991 Getting What You Want was released on: USA: 1993
Welcome Freshmen - 1991 Getting Even 1-8 was released on: USA: 20 February 1991
That is an issue between the mortgage company, the buyer and the cosigner. The seller's only worry is selling the property and getting paid.
No, but if the borrower misses enough payments, the cosigner will start getting collection calls as well.
Dazed and Confused! found it.
You don't need a license to get a loan. Your credit rating will determine whether you need a cosigner or not.
One of the only colleges you will get admission to when you're getting 44 marks, is probably a community college. Most major universities will not admit a student who is only getting a 44 average.
not if you make your payments like you should a cosigner is only called upon if you default on your loan
yes
The cosigner of a private student loan can and will be hindered if late payments occur. Another downside to said cosigner, that is if they are in school, just like most everything else they best have the money to cover these loans in some type of colateral.
One has nothing to do with the other. The lender doesn't care if you have a license, he wants a cosigner because you don't have a good credit record. Just getting a DL says you are not quite old enough to legally borrow money unless you have COLLATERAL.