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Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
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∙ 13y ago
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Can a husband cosign for a car loan for his wife?
Yes
Can you cosign a car loan in a different state?
nope
Can you cosign without your name being on the car just the car loan?
yes
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.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
Can a husband cosign for a car loan for his wife?
Yes
Can you cosign a car loan in a different state?
nope
Can you cosign without your name being on the car just the car loan?
yes
Can your husband cosign on a car loan with a suspended license?
ok Should not be a problem. A car loan is about credit, not driving.
Can a grandparent cosign?
Absolutely anyone that can qualify for credit can cosign a loan for anyone. But be careful, as the person cosigning takes full responsibility for seeing the loan is payed and will be the one sued for failure to pay (not the person they cosigned for) should the lender decide it is necessary to sue (e.g. the car was destroyed while uninsured and thus cannot be repossessed and no insurance settlement will be made).
Who can garnish ssd checks?
i cosign for a car am on ssd the car was rep ode now there after me to pay the loan
If i cosign a car for someone will my name come off in a year?
No. It doesn't come off until the loan is paid and if the person who is getting the loan doesn't pay you will owe for the loan. When you cosign it also goes on your credit report.
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.
What did the math teacher have to do so his daughter could buy a used car?
Cosign the loan
Does a cosigner need a driver's license?
You need a lisence to drive the car, but not to cosign a loan.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
Can someone else insure a car if the loan is in your name?
Depending on the state you must at least cosign.
