Minimum age for federal student loans is 16. Federal loans don't require a co-signer.
Not possible as the applicant is a minor.
Yes, it is possible to have a cosigner on a home equity loan. The cosigner agrees to be responsible for the loan if the primary borrower fails to make payments.
the borrower
If you're creditworthy, sure!
You may want to consider a federal student loan as these types do not require a cosigner.
It is very possible to get a student loan with no cosigner and only 1 year of employment. The best solution would be to apply for a federal stafford loan.
Not possible as the applicant is a minor.
a secured loan
The cosigner I believe but check with the loan issuers it's in the details.
AnswerThe short answer is no, you can never change cosigner on a private student loan. If they die, however, it is transferred to you.
Yes, it is possible to have a cosigner on a home equity loan. The cosigner agrees to be responsible for the loan if the primary borrower fails to make payments.
the borrower
If you're creditworthy, sure!
You may want to consider a federal student loan as these types do not require a cosigner.
i was able to get an auto loan with the help of a cosigner and im under 18
Yes, it is possible for a cosigner to become the primary borrower on a car loan through a process called refinancing. This typically involves the cosigner applying for a new loan in their name only, which pays off the existing loan and transfers the responsibility solely to the cosigner.
Transferring a car loan to the cosigner is typically not possible. The loan agreement is usually tied to the original borrower, and the cosigner is responsible for payments only if the borrower defaults. It's best to contact your lender for specific options regarding your loan.