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A primary applicant is an individual who submits an application for a program, service, or opportunity, such as a job, loan, or Immigration process, and is typically the main person being evaluated. In contexts like immigration, the primary applicant is the one whose qualifications and background are assessed, often serving as the basis for family members or dependents to join or benefit from the application. Their eligibility and success can significantly influence the outcomes for any accompanying applicants.
What else can I help you with?
If you are a co-applicant on a car loan but not the primary does it get reported on your credit report as well as the primary applicant?
Yes. And it will make a difference in your income to debt ratio.
Will a co-applicant who has bad credit hurt the chances of the primary applicant getting approved for a loan assuming the applicant has good credit?
yes unfortunatly i think so.
If a co-applicant goes bankruptcy will it affect the applicant?
Yes, if a co-applicant files for bankruptcy, it can affect the primary applicant. The bankruptcy may impact the creditworthiness of both parties, potentially leading to higher interest rates or difficulty in obtaining future credit. Additionally, any joint debts may still be owed by the non-bankrupt applicant, which could strain their financial situation. It's essential for the primary applicant to understand their own financial exposure and rights in such a scenario.
How can someone apply for CareCredit with a cosigner?
To apply for CareCredit with a cosigner, the primary applicant can fill out the application online or in person and provide the cosigner's information. The cosigner will need to agree to be financially responsible if the primary applicant is unable to make payments.
What is the responsibility of a co-applicant if an applicant does not make or keep up payments?
As a co-applicant, co-signer or joint account holder, your financial repsonsibility is the same as the primary or other co-applicant. If the first fails to keep up payments, then you become responsible for the debt.
What is a person who agrees to pay the loan if the applicant is unable to pay?
A person who agrees to pay the loan if the applicant is unable to pay is known as a co-signer. The co-signer takes on the legal obligation to repay the loan if the primary borrower defaults, thereby providing the lender with an additional level of security. Co-signers typically have a strong credit history and income, which can help the primary applicant secure better loan terms.
Can a cosigner be added to a CareCredit application?
Yes, a cosigner can be added to a CareCredit application to help the primary applicant qualify for the credit.
What will happen if the supplementary card holder is asked to pay for their purchases?
In this case the actual account holder/ the primary applicant of credit card will have to pay the bill.
What is a co-applicant?
A co-applicant is someone who applies for something along with another applicant.
Does sears credit cards in Canada has co-applicant?
No. You may have an authorized user but al lcard issue by chase card services in canada are with a single primary user.
Do we need to fill a separate DS-160 form for dependents?
Yes, dependents accompanying the primary applicant for a US visa will need to fill out a separate DS-160 form.
What actors and actresses appeared in Applicant Fisch - 2007?
The cast of Applicant Fisch - 2007 includes: Andreas Stoiber as Applicant Fisch
