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How can you find someone who is willing to accept money to be your cosigner on a credit loan?
Wiki User
∙ 16y ago
I am looking for a co-signer to help me obtain a small business loan and will give you 1 fourth of the loan in return.
. Please contact me for more details at groupmanagement1@Yahoo.com thanks I am looking for a co-signer to help me obtain a small business loan and will give you 1 fourth of the loan in return.
. Please contact me for more details at groupmanagement1@yahoo.com thanks
Wiki User
∙ 16y ago
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How can a person get a no money down mortgage if they have bad credit?
This is a very unlikely scenario. Firstly, the individual must attempt to clean up their credit by raising their credit score- or by having a cosigner who is willing to accept all responsibilities of late payments and non-payments.
If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?
Yes.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
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.
Can someone with bad credit co-sign with someone with good credit and get a card using the other person's good credit?
You've got that stated backward. The person with bad credit who needs a credit card would be the borrower. He has to find someone with good credit to be the cosigner. And the cosigner has to really trust the borrower because he is going to be responsible for repaying the card if (when) the borrower doesn't.
If we have bad credit will a cosigner help us get a mortgage?
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
How can a person get a no money down mortgage if they have bad credit?
This is a very unlikely scenario. Firstly, the individual must attempt to clean up their credit by raising their credit score- or by having a cosigner who is willing to accept all responsibilities of late payments and non-payments.
If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?
Yes.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
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.
If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
When do you need a cosigner?
If you have insufficient credit strength for a lending institution to accept a loan you'll need a co-signer.
Can someone with bad credit co-sign with someone with good credit and get a card using the other person's good credit?
You've got that stated backward. The person with bad credit who needs a credit card would be the borrower. He has to find someone with good credit to be the cosigner. And the cosigner has to really trust the borrower because he is going to be responsible for repaying the card if (when) the borrower doesn't.
How can someone purchase a vehicle asap with really bad credit no money down and no cosigner?
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If we have bad credit will a cosigner help us get a mortgage?
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
Can a person with bad credit get a car loan without a cosigner?
Many places are willing to provide that service, but the interest rates are ridiculously high.
If you own your car and it's in your name but the loan is in someone else's name with you as the cosigner will that still help your credit?
Yes, it will still help your credit.
If you are a cosigner for someone to buy a car the car is reposses you are willing to pay the balance oon the car, but the finance company refuses to release the bill of sell and the balance left on the loan. I am willing to pay the balance what do I do ?
You should speak with the manager of the finance company and explain that you are willing to pay the car off and keep your credit in good standing.
Can I apply for a car loan with a credit score of 593?
This is a very poor credit score. You can apply but it is unlikely you will get a loan without a cosigner. If you are able to get a loan without a cosigner your interest rate will be very high as compare to someone with a good credit score of over 700.
