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Unless you were physcially threatened into signing, it is highly unlikely. How in the world could you be tricked? You of course read it before signing, and knew exactly what you were signing. If not, you should have. Ignorance is no excuse under the law.

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18y ago

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Have you ever regretted cosigning a car loan for your ex?

Yes, I have regretted cosigning a car loan for my ex.


How do you get your name removed from cosigning a car lease?

Until the lease is satisfied or the vehicle surrendered, you can't. You guarantee the loan if the primary cannot pay for it.


How does cosigning for a car loan affect your credit?

No.


What do you need to co-sign for a car in Florida?

There is not a strict set of requirements for cosigning. You will need to be over 18 and the lender will need to believe you are a good credit risk. This is based on your credit score. You should be concerned with the obligations cosigning a car loan will create for you. See the Related Link for "Experian: Advice on Cosigning a Loan" for info on this.


What do you need to co sign for a car in Florida?

There is not a strict set of requirements for cosigning. You will need to be over 18 and the lender will need to believe you are a good credit risk. This is based on your credit score. You should be concerned with the obligations cosigning a car loan will create for you. See the Related Link for "Experian: Advice on Cosigning a Loan" for info on this.


How do I cosign for a car?

Cosigning for a car means agreeing to be responsible for the loan if the primary borrower cannot make payments. To cosign, you typically need good credit and a stable income. Contact the lender, fill out paperwork, and understand the risks involved before cosigning.


What are the potential risks and responsibilities involved in cosigning a car lease?

Cosigning a car lease involves the risk of being financially responsible for the lease if the primary signer fails to make payments. It also affects your credit score and could limit your ability to take out loans in the future.


You bougth a brand new car last week we all sign the contract now you got a letter from the dealership that your credit was not aproved can they ask for the car to be returned?

Yes. They probably let you drive off PENDING credit approval. Happens all the time. They wanna wait for you to fall in love with the car, then get your family in debt by cosigning a higher rate loan.


Is there a way that you can get off from cosigning a car and have someone else COSIGN?

No. The only way to change co-signers is to refinance the vehicle.


Can you get out of contract of a new vehicle when the contract you signed is not the car?

If the car that the dealer delivers is not the car that is identified in the contract, then the DEALER is in default, not you.


If a cosigner wants out of the deal several months into a car loan can they have themselves removed without your approval?

A car loan is a contract. A contract can only be modified (unless declared illegal or void) with the agreement of all parties, so - no - the cosigners can not remove themselves without your approval.


Can someone remove themselves from a car loan if you signed with another person as the car is being financed?

If they both signed the contract and were legally able to enter into a loan contract no names will be removed. All signers remain equally responsible for the loan until it is paid off.