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If you cosign a car loan, you are agreeing to be responsible for the loan if the primary borrower fails to make payments. This means that if the borrower defaults on the loan, you will be legally obligated to repay the loan amount, potentially affecting your credit score and financial stability.
What else can I help you with?
Can my wife cosign a car loan for me?
Yes, your wife can cosign a car loan for you. This means she is agreeing to be responsible for the loan if you are unable to make payments.
If I cosign a car, will the car be in my name?
No, if you cosign a car loan, the car will not be in your name. You are simply agreeing to be responsible for the loan if the primary borrower fails to make payments.
What happens if you cosign a loan and the other person dies?
If you cosign a loan and the other person dies, you may become responsible for repaying the loan in full. It is important to carefully consider the risks before agreeing to cosign a loan.
Can a husband cosign for a car loan for his wife?
Yes
Can you cosign a car loan in a different state?
nope
Can my wife cosign a car loan for me?
Yes, your wife can cosign a car loan for you. This means she is agreeing to be responsible for the loan if you are unable to make payments.
If I cosign a car, will the car be in my name?
No, if you cosign a car loan, the car will not be in your name. You are simply agreeing to be responsible for the loan if the primary borrower fails to make payments.
What happens if you cosign a loan and the other person dies?
If you cosign a loan and the other person dies, you may become responsible for repaying the loan in full. It is important to carefully consider the risks before agreeing to cosign a loan.
Can a husband cosign for a car loan for his wife?
Yes
Can you cosign a car loan in a different state?
nope
What happens if you cosign a loan and the other person dies?
yes
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.
Can you cosign without your name being on the car just the car loan?
yes
Can your husband cosign on a car loan with a suspended license?
ok Should not be a problem. A car loan is about credit, not driving.
If you cosign for a car loan can you be sued successfully?
Yes. If the signer defaults on the loan, then you, as the cosigner, would be liable.
Who can garnish ssd checks?
i cosign for a car am on ssd the car was rep ode now there after me to pay the loan
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.
