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I am in college my mom defaulted on bankruptcy how can I get a loan to go to school?
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∙ 16y ago
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Can a cosignor take the interest paid on a student loan as a tax deduction?
no
If the cosigner dies can she simply be dropped as cosigner without refinancing or is the property part of her estate and must go into secession?
Dropped as cosignor??? NO NO NO. You NEEDED a cosignor to get the loan rem? Unless your credit has improved greatly since then, you still need one. Dropping cosignors from loans is STRICTLY up to the LENDER who makes the loan.
Can you sue the borrower if they defaulted on loan if im the cosignor?
Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.
Can I get a home loan if I have bad credit?
It is tough to get a home loan with bad credit, however you may be able to get a home loan with a higher interest rate. It will also be easier if you can find a cosignor.
Does any bank give out a home loan even if you have bad credit?
Banks are very strict right now on who they will give credit to. If you have pretty bad credit they will probably not give out a home loan unless you have a cosignor.
When is a cosignor released from a loan?
The co-signer will be released from the loan when it is paid off. If the loan is refinanced under the primary borrower's name and credit, then that is also when the co-signer will be free. If the lender does not remove the co-signer, or keeps reporting the payment history on their credit report, then contacting them with the proper paperwork regarding payment should make it happen.
Will you lose the car if the cosigner declares bankruptcy?
most likely you will, that's why you had to have a cosignor in the first place. depends on how much you have paid. whether youhave paid on time, and maybe whether you can pay a decent amount on the loan to reduce the balance now.
If you are the cosignor and the car was repoed and they want to garnish your wages who can you go to to get help to pay it off?
who can you go to to get help to pay it off?? ANYONE who will loan you money. If you dont want to let them garnishee your wages and get it $40.00 a week. LOL Good Luck
Does one need good credit to take out a personal loan?
Yes, with today's economy banks are very stringent with loans. You must have good credit to take out a personal loan, or you must get a cosignor for your loan. Not in all cases. CitiFinancial offers unsecured loans (at a higher interest rate) to people with imperfect credit. If borrowing from a friend or family member, try VirginMoneyUS.com where no credit history is required.
Can you get a title loan without vehicle inspection?
Can u get a title loan without a vehicle inspection
Are wachovia student loans beneficial?
"To start, let me say that all student loans are beneficial as they are allowing someone to obtain an education. Wachovis Loans are beneficial as they provide support throughout the loan process. With a cosignor, applicants may also qualify for lower interest rates."
How do you get an auto loan without a license?
In general, one cannot get an auto loan without a driver's license (that loan will have been acquired fraudulently according to most auto loan contracts). A person can, however, co-sign someone else's loan without having posession of a driver's license.
