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What can you do about a loan company that says they have a contract with your name as the buyer when the paperwork from the dealership has your daughter as the buyer and you as the cosigner?
Wiki User
∙ 8y ago
I would ask the auto loan company to send you a copy of the contract to make sure that it exists and that it is something you signed. In most cases, when you agree to cosign on a loan you take on all the responsibilities of the buyer anyway, so I am not sure how much difference it will make, but if they aren't communicating with her for some reason, make sure that the dealership didn't submit the loan incorrectly, and you didn't accidentally sign it that way.
Wiki User
∙ 8y ago
Wiki User
∙ 8y agoWhen you sign as the co-signer to a car loan you are in effect allowing that person to buy a car on your credit, they do not possess the credit to qualify for it on their own so you have volunteered to be the person they go after if and when payments are not made on time, you are for all intents and purposes responsible for the debt.
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You cosigned for your daughter so she could get an apartment you want to get off of it What do you do?
You have your daughter fill out a new application with the landlord. If they will not accept her without a cosigner, and you still want to be off the contract, you wait until the contract expires and refuse to cosign again.
Can your daughter be on your car insurance if you are not cosigner on her car loan?
Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.
If you cosigned a leased car for your daughter and the car and insurance are in her name are you responsible as cosigner for any liability over the covered insurance amount in the event of an accident?
No. Y-THINK-Y * Ordinarily a cosigner would not be liable for anything other than the lending agreement. However, responsibilities incurred by all parties when a vehicle is under lease can be quite different than the purchasing a vehicle. It would be prudent for the cosigner to read the leasing contract very carefully and perhaps seek legal advice if they are unsure of the terms of the contract.
Is a cosigner's spouse responsible for the loan if he dies?
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
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You ensure you have the correct paperwork and fly or sail to Spain.
How can a daughter of an American with all the paperwork that says she is become an American what does she need to show to the INS?
Birth certificate ought to do it.
How can a primary buyer get the cosigner off the loan you wanted to cosign for your daughter but she didn't have enough credit so to build her credit you put her on as a cosigner how can you get her o?
The LENDER will have to remove any co-signor from the loan. Your only option is to have your daughter refinance the loan in her name only. She might be able to do this, given enough positive credit history on the existing loan and proof that it was her making the payments on time.
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If you are the cobuyer of a car and also the cosigner and you have made all the payments and are ahead can the other buyer take the car?
Daughter and husband are getting divorce and she is the co-buyer can she take it out of state
Your daughter is 6.25 Native American would she qualify for free college?
I wonder how you got the 6.25% figure for your daughter, but you can always apply for the benefits, to see what they say. Contact the Bureau of Indian Affairs, in Washington, D. C.; then check on Google to see if her tribe has a website, such as www.chicasaw.net (my father's tribe). The tribe will send you paperwork that you must fill out to verify your daughter's heritage. You will need paperwork verifying her lineage through her parents and grandparents. I say go for it; you have nothing to lose and everything to gain for your daughter.
How long should a cosigner stay on the lease if they cosign for an apartment?
I cosigned for my daughter five years ago on and apartment. Mu daughter is self employed. Her boyfriend has now moved in and wants to take responsibility for the rent. Land lord will not take me off the lease. What can I do?
When in the state of PA if one party cosigns for the vehicle and the cosignee divorces a daughter can the cosigner repo the car if there is suuficient proof that the ex-son in law has lost a job?
I'm sure you won't like this answer, but only the lender can repossess the collateral. If the cosigner is also a co-owner and listed on the title, he could insist on taking his turn driving the car. But essentially, the only right a cosigner has is the "right" to make the payments if the primary borrower does not.
