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Q: Is the ability to raise funds to have co signers for a loan?
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If My wife and I are co-signers on a car loan and We can't pay for it and I am disabled but My wife works will She be liable?

Your wife is responsible for the repayment of the loan. The reason lenders require co-signers is to increase the probability that the loan will be paid. Co-signers are equally responsible for repayment.


Are spouses responsible for a deceased husbands bank loan with several co-signers?

Are spouses responsible for a deceased husbands commercial bank loan with several co-signers?


Can you have two co signers on your car loan?

oh yea


What do you need to receive a government loan?

In order to receive a government loan, you may need a credit check or background check. Co-signers may also be required if you are under 25. These co-signers will be responsible for the loan if you cannot pay it off.


What are mortgage loans and personal loans?

Mortgage loan and Personal loans are different types of loan that can be assisted by a licensed money lender. For Mortgage loan, this typically covers mortgage. If you are having troubles or in pressing need for funds to buy real estate property, then this is the loan for you. This is either used by purchasers to buy and at the same time can be used by existing property owners to acquire or raise funds (regardless of the purpose) while putting a lien on the property being mortgaged. Meanwhile personal loans can be called unsecured loans or signature loan that is on the basis of the borrower's credit history and also considers the ability to repay it from personal income.


If you have a co-signer is the rate on your loan based on your credit rating or the co-signers?

YOURS.


What happens if a cosigner refinances a primary signers loan without notice?

If the first loan was refinanced it must have been paid off by the second loan. You are not responsible for the second loan if you didn't sign it.


What do students Typically receive funds from a Direct Stafford Loan in payments.?

Typically, students receive funds from a Direct Stafford Loan in _____ payments.


How can you reduce interest on high interest loan?

Repay the loan with the funds raised from a lower interest loan.


Can a primary signer get off the loan when the cosigner wants to take over payments?

Not likely, the lender will probably require you to refinance the loan in only the co-signers name.


Which is the most popular source of funds for a small business?

A bank loan or a loan from friends/family.


Can you get a school loan after you become a cosigner for someone?

When a borrower needs a co-signer that means they are a credit risk. The bank wants another person to guarantee that the loan will be repaid. Many co-signers end up paying the primary borrower's debt or their own credit is ruined.When you co-sign a loan you are promising to pay the loan if the primary borrower fails to pay. It will be counted against you if you need to borrow funds for yourself. A creditor will view the co-sgned loan as your debt since if could become yours at any time. Unless you can afford to repay your friend's loan in full you shouldn't co-sign for anyone.When a borrower needs a co-signer that means they are a credit risk. The bank wants another person to guarantee that the loan will be repaid. Many co-signers end up paying the primary borrower's debt or their own credit is ruined.When you co-sign a loan you are promising to pay the loan if the primary borrower fails to pay. It will be counted against you if you need to borrow funds for yourself. A creditor will view the co-sgned loan as your debt since if could become yours at any time. Unless you can afford to repay your friend's loan in full you shouldn't co-sign for anyone.When a borrower needs a co-signer that means they are a credit risk. The bank wants another person to guarantee that the loan will be repaid. Many co-signers end up paying the primary borrower's debt or their own credit is ruined.When you co-sign a loan you are promising to pay the loan if the primary borrower fails to pay. It will be counted against you if you need to borrow funds for yourself. A creditor will view the co-sgned loan as your debt since if could become yours at any time. Unless you can afford to repay your friend's loan in full you shouldn't co-sign for anyone.When a borrower needs a co-signer that means they are a credit risk. The bank wants another person to guarantee that the loan will be repaid. Many co-signers end up paying the primary borrower's debt or their own credit is ruined.When you co-sign a loan you are promising to pay the loan if the primary borrower fails to pay. It will be counted against you if you need to borrow funds for yourself. A creditor will view the co-sgned loan as your debt since if could become yours at any time. Unless you can afford to repay your friend's loan in full you shouldn't co-sign for anyone.