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No, the refinancing without the consent or knowledge of the original cosigner created a breach of the original lending agreement and the cosigner is no longer legally obligated for the debt.

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โˆ™ 2007-09-24 15:02:55
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Q: Is the cosigner of an auto loan responsible for the loan if the loan was refinanced by the buyer without the knowledge or consent of the cosigner?
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Once the cosigner signs the contract can the borrower take more money out?

Not w/o the knowledge and consent of the co-signer.


Can you replace a cosigner for an apartment with another cosigner?

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