Here's the easy answer. NEVER, EVER, EVER co-sign a loan, no matter who the person is, no matter what good intentions you have. If your boyfriend can't get the loan on his own, there's a reason, and it's probably his credit. Nothing against your relationship, but a boyfriend-girlfriend status isn't nearly solid enough to merit a long-term loan for a substantial amount of money. Small claims courts are jammed with lawsuits stemming from co-signing and debts owed. Not to mention your credit could be adversely affected for seven years if the loan goes bad. Tell your boyfriend you love him and you support him and can't co-sign a loan for him.
YES
The cosign of pi is -1
I am unable to cosign a car lease for you.
how many times can someone cosign a car
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?
Yes, as long as the person you are co-signing for has an income. The rule is one income one loan two incomes two loans.
NO. The lender will want to be certain that the co-signer is solvent. Not having a job would not be acceptable.
ok Should not be a problem. A car loan is about credit, not driving.
no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.
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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Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.