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Do you have to be a relative to cosign?


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Answered 2007-05-11 01:27:17 father cosigned for me,but the bank told me that anybody could cosign..good luck to you.


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You would have to unlawfully detain said relative. Also helpful to not cosign for people.

The cosign of pi is -1

how many times can someone cosign a car

If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.

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.

absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.

For the length of the contract you sign. If you cosign on a 3 yr loan, you are responsible for the debt for 3 years.

What would you do if a friend or relative asked you to cosign a loan? Before you answer, make sure you understand what cosigning involves. Under federal law, creditors are required to give you a notice that explains your obligations. The cosigner

If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.

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

That's up to the lender.

Yes, it is possible to cosign for student loans for two children. To cosign, one will have to meet the credit requirements.

Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.

That is not likely because you wouldn't be a good credit risk.

The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.

Yes, someone on the social security can be able to cosign for a loan. The person cosigning the loan however has to have good credit regardless of his availability on the social security benefit.

You need to ask a mortgage agent.

Probably not. Unless you have exceptional credit.

You have to be kidding. NO. You cannot sign verbally. To sign is to write your name.


No. It doesn't come off until the loan is paid and if the person who is getting the loan doesn't pay you will owe for the loan. When you cosign it also goes on your credit report.

A cosign agreement is usually just a financial agreement to cover the rent or damages if your son can't pay. I don't think it has anything to with underage drinking.

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