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If you co-sign for a credit card with a 1K dollar limit and later the limit is raised without your knowledge are you still obligated for the card?
Wiki User
∙ 8y ago
Call a local attorney for state specific advice.
Wiki User
∙ 8y ago
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Can someone without a job co-sign on a car?
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
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 a spouse with good credit cosign a student loan for their spouse with bad credit?
That is decided by the LENDER.
Can you have a person with new credit cosign your loan?
It's up to the lender.
If you cosign for a home loan and the borrowers don't pay and get repossess how can you remove that from your credit report?
As a co-signer, you are a borrower and obligated to repay...(thats why your signing). If you didn't do so, (or worse yet, you don't understand what it is you were signing and obligating yourself to), what possible reason would you have to think that should be something removed from your credit report?
Can you cosign on more than one car?
Probably not. Unless you have exceptional credit.
Can you co-sign student loans for two children?
Yes, it is possible to cosign for student loans for two children. To cosign, one will have to meet the credit requirements.
Does your credit go bad if you cosign on a car?
if the principal loanholder defaults you will be stuck with the payments.Miss them and your credit can go VERY BAD!
Can your parents cosign for your house loan?
Anyone can if they have enough good credit. Relationship to you has no bearing.
Can you cosign multiple loans?
yes, as long as your credit is good enough for the respective loans.
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.
If you are sixteen can you get a loan for a car if you have somebody with good credit who will cosign for you?
Yes, that's the simplest way to do it.
