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Answered 2006-07-27 22:59:57

you can always get short term loans or try high intrest ones usually all they would have to do is to make sure your a resident and approve you.

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When you cosign for someone how long are you required to be their cosigner?

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.


How can we get out of a cosign?

The only way is to pay off the debt. That was the lender's purpose for having you co-sign.


Can your husband cosign on someone's home without your knowledge?

Yes. And if he does he will become equally responsible for paying the mortgage if the primary mortgagor defaults on their mortgage payments. The bank will go after him for 100% of the debt.


How does cosigning for an auto loan affect your ability to get your own auto loan?

Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.


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In all liklihood not, and why would you? If that person defaults in any way, you then become responsible for not only your own debt, but theirs as well.


When the cosigner dies is the spouse responsible for a repossion that she did not cosign for?

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Individuals get obligation union advances for various reasons: It rearranges their funds. Rather than having numerous obligation installments to monitor and pay on time each month, they presently have just one. It can set aside them cash by decreasing their loan fee.debtredemption


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