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If i cosign a student loan what are my responsibilities?

Updated: 8/16/2019
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16y ago

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Go to salliemae.com and that will give you all the info. you need.

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16y ago
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Q: If i cosign a student loan what are my responsibilities?
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Related questions

Can an employer co-sign for a student loan?

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


If you cosign a student loan will you still be eligible for a student loan for yourself?

YES


Can my husbands wages be garnished if I default on my student loan?

Not if he did not cosign on the loans.


If you cosign for a student loan for your spouse you get divorced and he refuses to pay can you sue him for payment?

Yes.


Can your mom cosign a student loan for you and your brother?

I don't know, can she? Only the lender can answer that question.


Can a UK resident co-sign for a student loan for a student who is a US citizen going to school in the US?

the answer is NO, to cosign a loan you have to be a US citizen or Permanent Resident. in most cases applicant must have SSN and be a PR in the united stated to cosign


Can a spouse with good credit cosign a student loan for their spouse with bad credit?

That is decided by the LENDER.


Get a student loan without a co-signer or steady income?

Yes, there are a number of student loan options for those who can't get anyone to cosign and those who have bad credit. One option is a federal loan.


If you cosign a student loan can you deduct the interest if the first party does not?

http://www.ird.gov.hk/eng/faq/ctr.htm#item5 I doubt it.


Why should a retired grandparent not cosigh a student loan?

Grandparents might not cosign a loan because they might not trust a grandchild or the grandparents might not think they will have the income. Sometimes grandparents simply do not like to cosign loans. Ask the grandparents. Most grandparents will give an explanation.


Can a minor cosign on a loan?

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.


If you didn't cosign your husbands student loan and it's in default can you get student loan andor Pell grant?

In the US, the answer is yes you can. If your husband need help with consolidating his defaulted student loans, please click on the link under the "Related Links" section below.