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If your father is selling his house and you would like to buy it but have credit scores in the mid-500's is it possible for him to cosign your loan?
Wiki User
∙ 18y ago
yes. if he is willing but why pay someone else the interest. let him finance it for you and save a bundle - ubless he needs the money to buy another home.
Wiki User
∙ 18y ago
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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.
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.
Can you cosign on more than one car?
Probably not. Unless you have exceptional credit.
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.
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.
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.
If you are not 18 yet and want to get a credit card could you get a guardian to cosign?
No, this is not possible. Legally, you have to enter a binding contract with a credit company, and even with a cosigner, no one under the age of 18 can legally enter into a contract. If you are emancipated, then you are considered a legal adult, and then that would be a different story. Other than that, this is not possible. -Jesse
Is it better to build credit by financing a car in one name or two and will it build your spouse and your credit faster to cosign?
yes itis better
