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Absolutely not. A lease must be executed only between the apartment complex or landlord and tenant -- no one else! Besides, it would not make sense to have a cosigner for a section 8 lease, when the rent is being subsidized by the federal government, guaranteeing that its portion of the rent will be paid on time and the tenant pays an affordable amount which is based on his income. So there would be no need for cosigner. Because of this, it should be noted that the section 8 program does not allow one to have roommates.
What else can I help you with?
What if the co signer has no credit?
If a co-signer has no credit, the person may not be able to obtain what they are wanting. This might be a car, or house, but if a co-signer is lacking something, the company may not allow the purchase.
Can a co-signer on a vehicle file bankruptcy?
Yes, but the court may not allow the bankruptcy to be used to release the co-signer from the financial obligation.
Does section 8 allow renter to have a co-signer?
Absolutely not. A lease must be executed only between the apartment complex or landlord and tenant -- no one else! Besides, it would not make sense to have a cosigner for a section 8 lease, when the rent is being subsidized by the federal government, guaranteeing that its portion of the rent will be paid on time and the tenant pays an affordable amount which is based on his income. So there would be no need for cosigner. Because of this, it should be noted that the section 8 program does not allow one to have roommates.
Can a primary co signer take the car from the secondary co signer?
can a primary co signer take the car away from a secondary co signer
What if the borrower dies and there was a co-signer?
The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.
What if the borrower dies and there was a co signer?
The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.The lender will go after the co-signer for payment.
Can you have someone co-sign for your car purchase if they currently have a co-signer on their car?
They can on in theory as many cars their credit will allow. It will be another debt they are liable for. The bank/institution that would do the approval process may consider the individual 'overextended' if he were to do such, and would not allow him to.Another PerspectiveIf your intended co-signer needed a co-signer for their own loan then chances are their credit isn't good enough for another lender to accept them as a co-signer on your loan. After all, the bank's purpose for requiring a co-signer is to make certain the loan will be paid. They will go after the co-sogner if the primary borrower defaults on the loan.
Can a co-signer make a primary signer refinance?
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.
Can I find an online co-signer to help me secure a loan?
Yes, some online lenders may allow you to have a co-signer for a loan, but it depends on the lender's policies. Having a co-signer can help you secure a loan if you have a limited credit history or poor credit score.
If someone co-signs for another person does it show up on the co-signer's credit report?
Yes, the obligation will be reflected on the co-signer's credit. Lenders do not differentiate between a signer and a co-signer. Both are responsible for the repayment of the loan. If the signer stops making payments, the lender will look to the co-signer for full repayment of the obligation. Co-signer be aware!
What are the obligations of a cosigner on an apartment lease?
A co-signer shares financial responsibility for the rental. Unpaid rent, damage to the apartment after moving and so on will fall on your shoulders if the renter does not do as he/she should.
Can a co-signer repossess a vehicle if a sibling is not making payments?
The co-signer is typically a person who signs for the car loan; the co-signer may or may not be listed as a co-owner on the title. If the co-signer is also a co-owner, the co-owner who is paying the loan can legally take the car. However, if the co-signer is not a co-owner, taking the car would be grand theft auto. Incidentally, if the co-signer is not also a co-owner and the loan falls into default, both the signer and the co-signer will be identified in credit reports as defaulting on a car loan, even though the co-signer did not have or use the car.
