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What else can I help you with?
What are the potential risks and benefits of using cosigning companies?
Cosigning companies can help individuals with limited credit history or low credit scores qualify for loans or leases. However, there are risks involved, such as damaging the cosigner's credit if the borrower fails to make payments. It's important to carefully consider the potential benefits and risks before using a cosigning company.
How does cosigning for an auto loan affect your ability to get your own auto loan?
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.
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.
What are the pros and cons for cosigning a home loan?
There are no pros, except for making the person you are cosigning for happy. CONS--SEVERAL, whoever you cosign for does not have to make payment and still get to keep the house, you pay they stay for free. your credit is scarred if they do not pay and it goes into forclosure, you have to make up all payments or come up with the total loan, You really need to think long and hard before co signing! There are so many programs to help people with bad credit, no credit. They can help them, do not co sign. Talk with an attorney before cosigning, no matter who it is for.
Does cosigning for a car loan build credit for both people?
Of course. Although a consumer would not be asked to co-sign if they also needed to "build credit".Professional lenders insist on a co-signer when they have reason to believe that the primary borrower will not repay the loan. If a lender (who's business is to lend money) believes that your friend or relative is a bad credit risk, why would you jeopardize your credit to help them secure a loan.Co-signing a loan makes both parties 100% liable for the debt.
How do you help a friend that misses a good friend and teacher?
try to be a better friend :)
What is matterysion?
have to help a good friend
If cosigning for your mother can impact you negatively when buying your own home how can you help her?
Pay off all her debts yourself if you can.
What are the potential risks and benefits of using cosigning companies?
Cosigning companies can help individuals with limited credit history or low credit scores qualify for loans or leases. However, there are risks involved, such as damaging the cosigner's credit if the borrower fails to make payments. It's important to carefully consider the potential benefits and risks before using a cosigning company.
How do you tke a transmission out of a 1996 ford f 150 5.0 liter?
If you have to ask...get a mechanically inclined friend or relative to help.
What can you do if your parents think that you are dating someone when you are not?
find a way to prove them that your not maybe by telling a friend or relative to help explain that you truly are not (:
Is Sarah cash a good friend?
I think Sarah Cash is a really good friend because she can help you through your problems.
How does cosigning for an auto loan affect your ability to get your own auto loan?
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.
You are a good friend are you?
I belive I am a great friend. I try to be the best I can be for my friends because I care about them dearly. I tell my friends all the time that no matter what the situation is, they can come to me and I will do everthing to help them.
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.
Where can I take lessons to become a certified medical assistant?
Try getting a doctor to help you. Get a well known doctor, or a doctor that you know personally. Maybe a relative's friend or something, and get him or her to help you.
And how is it that jerks maintain friendships with good people?
A good friend always helps and when necessary he will help
