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Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.

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12y ago

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What do you need to cosign a car?

To cosign a car, you typically need a good credit score and a stable income to show the lender that you can help repay the loan if the primary borrower is unable to do so.


Does a cosigner need a driver's license?

You need a lisence to drive the car, but not to cosign a loan.


Which companies are willing to cosign for you?

Banks, credit unions, and some financial institutions are willing to cosign for you if you need a loan or credit but don't have a strong credit history.


What do I need to cosign a car loan?

To cosign a car loan, you typically need a good credit score, stable income, and a willingness to take on responsibility for the loan if the primary borrower fails to make payments.


What are the steps for hiring a cosigner for a loan application?

To hire a cosigner for a loan application, you need to first find someone willing to cosign. Then, they will need to fill out the necessary paperwork and provide their financial information. The lender will evaluate the cosigner's creditworthiness and may require them to sign the loan agreement.


Can someone on disability cosign a mortgage loan?

You need to ask a mortgage agent.


What do you need to cosign for a car?

To cosign for a car, you typically need a good credit score and a stable income to help the primary borrower qualify for the loan. By cosigning, you are agreeing to be responsible for the loan if the primary borrower fails to make payments.


If i cosign a student loan what are my responsibilities?

Go to salliemae.com and that will give you all the info. you need.


How do you find private individual to loan money or cosign for a loan?

You'd need to ask your friends and family. No one you don't know is going to cosign for you, and a lot of people you do know may turn you down also. Answer If you need someone to cosign a loan because you cannot obtain it on your own, you should not get a loan. All you are doing, in essence, is passing on the problem to another person, who will likely end up paying for both. Improve your habits and credit history and wait until you can do this on your own.


Do you need a credit card to have credit?

No you can build credit by taking out a loan and paying it back ON TIME. Or have someone cosign a loan for you in order to get approved for a card or loan but make sure the cosigner fully understands the agreement because they'll take on most of the risk.


Does my child need my permission to get college loans?

Most of the time they need you to cosign in order to qualify for a loan. You can try a stafford loan.


How To Write A Partnership Agreement?

Partnerships are a great way to run a business. However, you have to write a solid agreement. What you need to do is outline the rights and responsibilities of each party. Have each partner sign it. A lawyer might be needed to finalize any agreement entered in to.