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It can be easier if you use their credit by putting them on title on the home and use there credit, however they will be responsible for the loan and be on title as at least a part owner. If you use another persons credit to do a refinance, the other person must in most title states be put on title and will be responible for the loan even if you both sign which you would have to do.

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โˆ™ 2005-12-10 23:53:44
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Q: Is it easier for a person with poor credit to refinance their house with the help of a cosigner who has excellent credit?
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What options are available for refinance when one has bad credit?

Most banks or financial institutions have programs designed for people who have credit problems. They may want to refinance to make their bills more manageable and easier to pay off. Chase bank has a great program to help with bad credit refinancing.

How To Get Student Loans Without a Cosigner?

If you have been looking for ways to pay for college, you have probably thought about taking out a few student loans. However, you might have found that a lot of student loans require that you have either a high credit score or a cosigner. If you don't have credit or if your credit is bad and if you don't know anyone who is willing to cosign with you for a student loan, you might be unsure of if you will ever be able to pay for college. Fortunately, there are ways to get student loans without a cosigner. First of all, you should consider talking to a financial aid adviser about taking out a federal student loan. Federal student loans allow students to borrow money for school without a cosigner, and they do not even look at your credit score, which means you will still qualify if you have bad credit or if you don't have credit at all. Along with applying for student loans, you can also apply for federal grants. Just like loans, these grants will provide you with the money that you need to pay for college, but you won't have to worry about paying them back in the future. Secondly, you could consider working on your credit score so that you won't need a cosigner in order to get a student loan. Although you might think it will be impossible to boost your credit score, it might be easier than you think. By getting a cell phone or cable bill in your name and paying it on time or getting a credit card and using and paying for it responsibly, you can boost your credit score, and this can help you qualify for student loans without the need for a cosigner. Lastly, you can consider looking for student loans that will allow students with bad credit to apply, even without a cosigner. Although this might be more difficult, a little patience might help you find a lender who is actually willing to give you a chance.

Can a cosigner be affected on a home foreclosure?

Yes. It is a common misconception that cosigners are not responsible for the debt of the primary on the account they signed. I'm not sure how that started, or why it persists, but cosigners, comakers, coguarantors, and cobuyers are equally responsible for the debt they sign with the primary. Collections agencies will not waste a lot of time trying to get a primary to pay when there is a cosigner who is easier to locate. And, because both are equally responsible, there is no need to even try to get the primary who is not paying to do what they are already not doing when the contract was written based on the better credit of the cosigner.

Which of these makes it easier for a person to get a credit card?

A good credit history

How does a free annual credit report make monitoring credit scores easier?

A free annual credit report makes monitoring credit scores easier because it sends a credit card's score monthly to an address securely and without any problems.

Can you get a student loan with a bad credit cosigner?

No, so far I have found out without good credit no student loans are available. Except for the federal stafford loans. RMAK Adds Although it is true that it is much easier to find student loans with good interest rates if you have a great credit rating, but even if you have a bad credit rating you don't need to panic and give up your hopes. There are loans that cater for bad credit students other than stafford loans. see link below to get details

Does being a Wal-Mart employee make it easier to get a Wal-mart credit card if you have bad credit?

That's like asking is it easier to go to prison if you are an escapee.

Can you refinance a car after less than a year of making payments and if so do you have to use the same lender?

Yes, it will depend on your credit, and I can guaranty that you will need a down payment. It's just like buying the car the first time. You do not have to use the same lender. The more money you have down the easier it will be.

What are some of the advantages of refinance consolidation?

The advantages of refinance consolidation include having all of the loans joined to become one so that it is a single rate of interest and a single company that needs to be paid. It can make life managing the finances a lot easier to manage.

What does a good credit history do for consumers?

It makes it easier for them to get loans.

Maintaining a good credit history makes it easier to do what?

Get a loan

Why is it important for people to maintain a good credit history?

So that they have an easier time getting loans and credit cards

What is offered by Build My Credit?

The company known as Build my Credit offers a service that helps improve your credit score allowing for you to get loans and mortgages easier. They can help you whether you have no credit history or have a bad credit history.

What was true both credit and layaway plans?

They made it easier for consumers to spend money.

Which of these is made easier by maintaining a good credit history?

To obtain a loan

Is a Macy's or Target department store credit card easier to get?


Is it possible to obtain an aqua credit card with juat a fair credit score?

Yes, it is possible to obtain an aqua credit card with just a fair credit score, though it's easier if you have a good score.

What companies offer guaranteed credit card approval?

When looking for a credit card some type of credit history assessment will have to take place. No companies will offer a guaranteed offer of credit. Some companies are easier to be accepted to if you have poor credit history such as a credit builder card.

Why were layaway and credit plans popular for buying things in the 1920's?

it was easier

How do you cancel your Credit Card Account?

First of all, you call the credit card company you are with and tell them you want to have your credit card cancelled, it doen't get any easier than that!!

Can you explain what "credit card services" are?

Credit card services are offered to take credit card as payments. These services are available on your phone, tablet, or computer, and make your business easier to do transactions.

What was true about both credit and layaway plans?

They made it easier for consumers to spend money - Apex

What are the advantages of credit card consolidation?

Credit card consolidation consolidates all of ones debt. Credit consolidation makes it easier to pay off ones credit card debt with a lower interest rate than most credit card companies.

Is it easy to find a rental apartment?

It depends on your geographic location and credit background. Most places run a credit check, so if you have good credit, it will be much easier. If you have bad credit, it might be a little harder to find a place.

How does the credit system work for automotive?

The automotive system is linked to your overall credit. It is easier to get a loan if you have good credit and your payments will generally be smaller. You can still get a vehicle with bad credit but it might be difficult getting a loan and the payments will be higher.