answersLogoWhite

0


Best Answer

No. The cosigner should make certain the loan payments are being made since they guaranteed the loan would be paid back. If the primary borrower isn't paying then the cosigner must pay or their own credit record will be ruined and the lender can go after them for payment.

No. The cosigner should make certain the loan payments are being made since they guaranteed the loan would be paid back. If the primary borrower isn't paying then the cosigner must pay or their own credit record will be ruined and the lender can go after them for payment.

No. The cosigner should make certain the loan payments are being made since they guaranteed the loan would be paid back. If the primary borrower isn't paying then the cosigner must pay or their own credit record will be ruined and the lender can go after them for payment.

No. The cosigner should make certain the loan payments are being made since they guaranteed the loan would be paid back. If the primary borrower isn't paying then the cosigner must pay or their own credit record will be ruined and the lender can go after them for payment.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

No. The cosigner should make certain the loan payments are being made since they guaranteed the loan would be paid back. If the primary borrower isn't paying then the cosigner must pay or their own credit record will be ruined and the lender can go after them for payment.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Should a co signer be told if something they signed for is getting repoed?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What should you take to a One Direction Concert?

Definitely your phone. Probably a camera, camcorder (if seperate) and if you want anything signed, bring that but you might not get a chance from getting something signed from them since their management want the boys to just quickly go.


Can you take a car out of state that's in repossesion?

No such thing as in repossession. Its either repoed or its not. If its not, you are free to do what you want with it unless you signed a contract agreeing otherwise.


If a person signs an agreement or license on a certain date and then it is later signed by Board members what date should it have?

The day it is getting signed


Does the owner have to sign title in order for you to transfer a car you repoed?

Most titles I have signed had instructions on the back. Call your local DMV to be sure you get it right the first time.


Can a credit union in Texas repo an automobile prior to a date stated in 2 formal letters and signed by the bank manager?

READ your CONTRACT. You can be repoed whenever you are in DEFAULT.


Is Athavan Puthervian getting signed to wigan?

No he's getting signed to Harris @ beckenham.


Does your ex have to sign over the title of the car you co-signed for and he let get repoed and is now in your possession and which you have paid off?

IF his name is on the TITLE and you want it OFF the title, you get him to sign. Otherwise, he can drive it tooooo.


What did king john signed?

King John signed something called Magna Carta.


What document is signed to protest something?

pantie


Can you pay the late payment and get your car back within 14 days of it being repossessed?

In some states under some conditions, YES. It depends on how many times you have been late, repoed, in default, the terms of the contract you signed,ect.


Robert the Bruce signed something after the Battle of Bannockburn?

The declaration of Arbroath was signed on the 6th April 1320.


What are your rights if you signed a contract and it did not include what was discussed?

Then why did you sign it? Did you not read what you signed. It is going to be their word against yours. Your rights were spelled out in the contract you signed, and you are bound by that agreement. Unless they agree that something was left out. I would be very nice and discuss this with them. Hopefully they will amend the contract. Otherwise you may be stuck with what you signed. Of course you can and probably should seek legal advice.