Questions tagged [co-sign]
In loans, a co-signer guarantees repayment because the lender believes the main signer has an unacceptably high possibility of defaulting on the loan. Use with the [loans] tag.
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Get car loan w/ part time job as student with no credit, no-cosigner but no expenses
This is the only place where I knew to turn for a question like this. I am a student (if that will make me look better to the loan officers), but I'm fairly certain I have no credit. I took out a ...
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Dealership made me the secondary owner to my own car
January of 2016 I bought a car from wilett honda south which is located in Georgia, with the help of my ex boyfriend. It was my very first car and I didn't really have much help besides a co signer ...
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Co- Signed car loan and need to have the other signer relinquish claim to ownership
I recently went and purchased a new vehicle and had my girlfriend co sign and I traded in my old car as a down payment.
The finance department ended up writing up the paperwork listing her as the ...
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Cosigner bought a new car
I bought a car last year but I needed a cosigner.
This past month the cosigner also bought a car.
If the cosigner doesn't make payments on time on their car payment, will it impact my credit since ...
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Helping girlfriend accelerate credit score improvement
My girlfriend is financially responsible, but her credit score is being negatively impacted by her ex-husband. He kept the house when they separated, but apparently she was never removed from the ...
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If the co-signer on my car loan dies, can the family take the car from me like they're threatening to?
I have a car, both me and by grandpa are on the title. As I cannot get loan on my own, my grandpa is my cosigner. My grandpa is almost 90, and chances are he may not be around till the loan is paid ...
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Slow destruction on co-signed property
I co-signed a car loan for my ex-girlfriend, the loan was for $13,500 with payments set at $300 plus $100 for insurance. To make a long story short, she was hard on the car (broken windshield/rearview ...
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I had a friend co-sign for a car loan
I have a real problem here, my friend at the time helped me Co-sign for a car loan. I want to take him off my title and loan...I just got the car 3 months ago. What do I do? He keeps threatening to ...
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Credit card debt after cosigner passed away
My father is a cosigner on my brothers credit cards. He passed away last month. My brother is not paying off the debt. Can we remove my fathers name? Is my dads estate responsible? My brother owes ...
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Will having a secondary signee with bad credit on a mortgage raise or lower interest?
My girlfriend and I are purchasing a house. We were told that it would be better to have the mortgage solely in my name as the only account holder due to her credit score.
My question is, between ...
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How can I remove a name off my loan?
I had bad credit 20 years ago and my daughter and son-in-law cosigned for the loan and their names are on the deed. My son-in-law made one payment and I paid him back. I have made all the mortgage ...
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What actions should I be taking to establish good credit scores for my children?
I have already opened an account for my child to deposit cash birthday presents from relatives. The default credit union account has a savings account and a checking account. I could also add an ...
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Can my brother fix his credit?
My brother co-signed with my mother on a house payment. My mother didn't make the payments, but my brother pulled his fair weight. Now the house is getting foreclosed, and my brother's credit is shot. ...
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I cosigned for a friend who is not paying the payment
I cosigned for a loan for a friend. He has now moved away and is not making payments. I have been asked to pay--they even called my job--and I need to keep my credit. The payments are too high for me ...
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Bank allowed to keep title
I co signed on loan and put my truck title as collateral, the one I co-signed for had went back borrowed more money without me knowing, so my name is now not on loan so can the bank still keep my ...
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Co-Signed an auto loan with my ex, help [duplicate]
My boyfriend and I recently split up, but during the time of our relationship he helped me get a new car because his credit score is nearly perfect, and mine is terrible due to too many medical bills.....
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How do student loans get split in a divorce?
My question: Legally should a husband have any responsibility for his wife's student loan if it was taken out during their marriage? They are divorcing, the loan is in her name, and I, her mother, co-...
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How can I get my ex-fiancee to refinance a co-signed car loan?
I co-signed a car loan with my ex-fiancé. He is now married with a job and will not get the car refinanced to his name only. How can I get my name removed from the loan?
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Cosigned on a loan. If I pay loan off, are purchases now mine?
I cosigned a loan for my ex on a refrigerator, microwave, and oven. I know it wasn't smart. But if I pay off loan, can I retrieve the items?
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What can I do as a co-signer?
As a co-signer on an auto loan, how can I go about obtaining the vehicle if the other person defaults?
Both of our names are on the title as well.
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I co-signed a car but I am listed as the primary account holder for the loan
I co-signed a car and want to be removed. My first thing is that I am listed as the primary account holder for the loan, but I signed the papers as the co-signer/co-buyer. If to fix the situation as ...
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I signed on as the co-signer on a car loan and somehow ended up being the primary name on the account
I know a person should never co-sign for anyone. I always have. This is why I feel so stupid but I signed on to a car loan 4 or 5 months ago for my ex. I was against it but the fact she was hanging my ...
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How does cosigning for a home equity line of credit affect your chances of getting your own loan?
My father has a home equity line of credit (HELOC) but it is coming to an end and in order to renew it he would need me to cosign with him for it. I trust my father to make the payments and to not ...
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How do I get myself out this disastrous situation
I put a car in my name and my fiancé was the co-signer for a lease because his credit wasn't good. Now we aren't together and he stopped paying and everything is on me. I also leased a new truck from ...
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Cosigner death and family responsibility
A family member has cosigned a private student loan for a foreign student. If she dies prior to the holder of the loan, is her estate responsible for repaying the loan?
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Co-signed a loan and I need to have my name removed
I co-signed on a car loan with my partner, and now that we are no longer together I want to have my name removed. He has had the car a year now and has been on his job over an year, but he won't do ...
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Should I encourage my spouse to jointly sign our rental lease?
Looking for the advantages/disadvantages for us as a couple.
We have been common-law for 9 years and are moving into a new place. My spouse recently lost her job so I will potentially taking most of ...
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Who is responsible when property and the loan are in different names?
We have a LAP (Loan against property) loan with ICICI Bank. The loan is on my name (primary), with my brother and father as co-signers.
I am not sure how the ICICI bank sanctioned the loan on my name ...
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Estate liability for co-signer to Sallie Mae student loan?
My son has student loans. I co-signed on three that are currently with Sallie Mae. He stopped paying so I am doing that in order to protect my own credit. What is my estate's liability should I die ...
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How do I get my name removed from a co-signed car loan?
I am the primary signer for a car loan consigned and being paid now by my son. Is there any way I can get my name removed from this loan?
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Joint account that requires all signatures of all owners to withdraw money?
I want to open an account/cheque that works like a joint account but when some one want to withdraw the money, he/she must have all the agreement/signatures of all of the rest of the other owners.
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My Co-Signer is the Primary Account Holder for my Car Loan - Does this affect my credit?
I recently financed a car purchase, and my father co-signed for me. I received the first bill, to find out that he is listed as the primary account holder with the finance company, although I am the ...
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Should I open a joint credit card account with my girlfriend? She can't get her own card
My girlfriend has been unable to get a credit card because of an outstanding (and, we think, fradulent) debt on her record. We tried to contact the collection agency using the address listed on all ...
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If I co-sign a loan, does it affect my own ability to borrow due to the debt-to-income ratio?
If I co-sign a loan (e.g. for a friend or family member), does it affect my own ability to borrow money due to the debt-to-income ratio?
user454
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What happens if I co-sign a loan and the borrower or debtor dies?
What happens if I co-sign a loan and the borrower or debtor (the person that borrowed the money) dies?
Does the co-signer then assume full liability over the loan, i.e. become the new and sole debtor?...
user454
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Co-signing & dying: What if a loan co-signer dies? Is estate of co-signer liable?
A grim and tragic question perhaps, but I'm curious:
What happens when a person that co-signed on a loan dies? Is the co-signer's estate potentially liable until the loan is paid off, the same as if ...
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Someone asks you to co-sign a loan. How to reject & say "no" nicely or politely?
Hypothetical situation:
A dear friend or family member comes to you and asks you to co-sign for their loan. Let's say the reason they need the money is not a life-or-death type of situation. ...
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If I co-sign on a loan for someone, am I putting up money (is there a cost)?
Does it cost me anything if I co-sign a loan for someone?
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Should you co-sign a personal loan for a friend/family member? Why/why not?
I know someone who was recently asked to co-sign a hefty loan by a family member. I don't know what I'd do if I was put in the same position as the one asked. What are the risks? What are things to ...
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