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Can a minor take out a loan if their parent cosigns and if so is the cosigner financially responsible for the signer?
Yes, your parents can cosign for a loan and if you are smart keep up the payments on that loan as it will give you a good and early credit record. If you don't keep up the payments it's a lousy thing to do to your parents, and they will be stuck paying that loan. Marcy
What does it mean to co-sign for a credit card?
That means you agree to be completely responsible for paying the balance of the account if the primary card holder defaults on the payments. You may not know if the primary card holder is not paying the monthly bill and your credit record will be affected if the payments are late.You should be very careful about co-signing for a credit card and make absolutely sure you understand your liability if the charges are not paid.
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
What if you are a co signer on a house that is in foreclosure?
The lender can go after you for any deficiencies and the foreclosure will be reported on your credit record. As a co-signer you are equally responsible for paying the mortgage.
What is the name of the person who invented money?
The Phoenicians1500 BC were the first people to use metal money There is no record of the actual person that minted the first coin hower.
What is an attorney of record?
An attorney of record is an attorney who has submitted his name to the court or tribunal as the person responsible for the representation of the client.
In Ohio can your new husband be held responsible for an accident you got in before you were married?
The person held responsible is the person driving. So if he was not driving then it is not on his record whether you are married or not.
What is mean by registrar?
-person employed to keep a record of the owners of stocks and bonds issued by the company -the administrator responsible for student records -someone responsible for keeping records -person employed to keep a record of the owners of stocks and bonds issued by the company -the administrator responsible for student records -someone responsible for keeping records
The person responsible for tracking incomplete medical records is the?
the medical record department or health information department
Who is a responsibly person?
A responsible person, in the legal sense, is one that would use good judgment, be prudent in his decision making processes, and have a track record of responsible living.
What is the record of an individual's bill paying practices and financially responsibility?
credit history
Who is responsible party from time of quit deed to recording of deed?
The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.The owner of record is responsible for the property until the deed is recorded.
What mean Broker of record in real estate?
The Broker Of Record is the Broker covering the listing or buying side in a Real Estate transaction. He/she is registered as the person responsible for the conduct of a brokerage and the agents who work for it.
I am 17 and live in ga can i move out of foster care?
If you can demonstrate that you are mature and able to be self supporting (meaning you have job, are financially responsible, good driving record, etc) you may be able to apply for emancipation; otherwise you'll have to wait until you are 18.
Who invented pi in math terms?
Pi was introduced by the ancient Greek mathematicians; history does not record the name of a specific person who is responsible for this idea.
What is the person who is responsible for your transcript is called?
The person responsible for maintaining and issuing transcripts is typically called a registrar or transcript coordinator. They ensure accurate record-keeping of academic performance and facilitate the distribution of transcripts to relevant parties as needed.
What is permanent record of a business letter?
A 'permanent record' of a business letter is a physical, hard copy (photo copy or print out) made of the letter before it is sent. Today, many people rely on the letter kept in a computer file as a 'permanent record'. Which is the best practice is up to the person (people) responsible for keeping the record.
