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If you have bad credit will you get approved for a car loan with a cosigner?
Yes.
How do you get a 15000 personal loan with bad credit and no cosigner?
you cant
If a cosigner on your car loan start getting bad credit from her credit cards should it affect your credit too?
not if you make your payments like you should a cosigner is only called upon if you default on your loan
What is a sentence using cosigner?
If you need a cosigner for the loan because of bad credit, it means you can't afford the car.
If you have bad credit will a cosigner help?
Yes, a cosigner can help if you have bad credit, as they provide a guarantee to the lender that the loan will be repaid. This can improve your chances of getting approved for a loan or lease, and may also result in better interest rates. However, the cosigner's credit and financial stability will also be evaluated, and they assume responsibility if you default on the loan. It's important to maintain good communication and make timely payments to protect both your and your cosigner's credit.
Does it help to have a co signer for an auto loan if you have bad credit?
If you have bed credit, sometimes having a cosigner is the only way you can get an auto loan. The people who lend you the money so you can purchase the car want their money back with interest. If you have bad credit, they may think you will not pay them back. They may think your cosigner does not want his credit ruined and will pay them back. So, while they would not give you an auto loan, they would give you an auto loan with a cosigner who has good credit.
If you have bad credit and high debt and apply for an 80K loan with a cosigner with very good credit and high net worth will you get the loan?
That is determined by the lenders loan guidelines.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
If the cosigner on a car loan files bankruptcy what will happen to the other persons credit?
The creditor will seek repayment of the car loan from the cosigner. As long as the cosigner pays, their credit will not be affected. However, if they are unable or unwilling to pay, the debt will be pursued like any other bad debt, and it will affect their credit rating.
How do you get a student loan with bad credit and no cosigner if your Stafford loans don't cover everything?
SOMEONE THATS HAS A JOB.
If we have bad credit will a cosigner help us get a mortgage?
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
Can you co sign a loan with bad credit?
Most likely the loan company won't accept it because to need a cosigner on a loan means that there is bad credit all ready. Two bad credit reports don't equal one good one. If you have bad credit it isn't a good idea anyway because you could end up with the loan and this will impact your credit report in a negative way.
