answersLogoWhite

0

That is up to the lender.

That is up to the lender.

That is up to the lender.

That is up to the lender.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Finance
Related Questions

Does a cosigner have to be physically present to cosign a loan?

That would depend on the rules and procedures of the loan provider. If the cosigner alleged that the signature was not theirs, it could create a problem if the signature was not properly witnessed.


When could women legally get a checking account on their own without a cosigner in the US?

women could legally get a checking account on their own without a cosigner in the U.S. in present day today.


Can the cosigner demand that the car remain in the same state where he or she resides?

No, a cosigner does not have any legal rights to the vehicle, but does have the legal obligation to repay the debt if the primary borrower defaults on the contract. An exception could be if the cosigner is also named on the title to the vehicle, and if so, how the title is worded.


What could happen to a cosigner if the income taxes were not done on a property?

Property does not have an income tax return.


If a cosigner has died and the primary borrower defaults is the cosigner's estate obligated to pay the debt?

Creditors/lenders will attempt almost anything to collect a debt. It is unlikely that a lender could place a claim against a deceased cosigner's estate and be awarded a judgment. But, there are no certainties in the murky creditor vs. debtor arena.


If the cosigner is refusing to refinance or pay the auto loan off how could the primary person on the auto loan remove his or her name?

They would need to have the vehicle refinanced in their name only or obtain another cosigner for the refinancing.


Can a person who receives SSI be a cosigner for a car loan Will it affect the person SSI income?

Yes, a person receiving Supplemental Security Income (SSI) can be a cosigner for a car loan. However, being a cosigner does not directly affect their SSI income, as SSI is based on individual income and resources. It's important to note that if the primary borrower defaults on the loan, the cosigner may be responsible for repayment, which could impact their financial situation. Additionally, if the loan affects their overall resources or income, it could potentially influence their SSI eligibility.


How you could communicate better with people who are physically or culturally different?

Explain how we could communicate better with people who are physically different from ourselves


Is a cosigner responsible to pay a credit card debt if the credit card limits are increased from what was originally cosigned?

The creditor would likely claim the cosigner is still responsible, but unless it is in the original agreement that such increases are part of the contract the cosigner could make a case for being relieved of the responsibility or only being responsible for the origninally quoted amount.


Can you tak a loan for your study?

Yes. If you are under 18 you will need a cosigner. This could be your parent or another relative with good credit.


Could you please provide a personal statement for the recommendation letter?

A personal statement for a recommendation letter should highlight your strengths, accomplishments, and character traits that make you a strong candidate. It should also showcase your passion, dedication, and potential for success in the field or program you are applying for.


What could you say when applying for work experience?

Hello