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Generally through a credit check.
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∙ 6y ago
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Is the APR of a student loan determined by the credit of the borrower or that of the cosigner?
The cosigner I believe but check with the loan issuers it's in the details.
Am I eligible for alternative student loans?
Most private student loans applicants are required to have a cosigner, especially undergraduates or students who don'tt have a steady income or credit history. The cosigner is required to sign the loan document, but the student is the primary borrower. By signing, the cosigner agrees to be fully responsible for repaying the loan if the student does not fulfill his or her obligations.
How do you remove a cosigner from a credit card?
The way that can be accomplished is determined by the terms of the lending agreement. Very few, if any lending institutions would allow an account to be amended. The usual procedure is for the account to be closed leaving the original cosigner still responsible to the debt incurred up to the time of closure. The primary holder can then open another account on there own or with another cosigner.
Can you replace a cosigner for an apartment with another cosigner?
Yes, you can replace a cosigner for an apartment with another cosigner. However, you need to get the consent of the landlord.
What are the benefits of a cosigner?
A cosigner basically is a guarantor for the repayment of a loan or value and serves as cosigner of the debt. If the debtor fails to make payments or defaults, the cosigner is obligated to pay off the debt. No benefits for the cosigner, but cosigner benefits the debtor.
Can bca students are eligible for msc in bioinformatics?
Whether BCA students are eligible for and MSC in bioinformatics will be determined by the individual college. The best source for this information is one's own academic advisor.
Can your wife use your Medical exemption certificate?
No. An applicant must be determined to be eligible according to the medical history, facts and other information stated in the application. If determined to be eligible a medical exemption certificate will be issued in the applicant’s name. It cannot be used by anyone else.
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.
What are the benefits of cosigning?
A cosigner basically is a guarantor for the repayment of a loan or value and serves as cosigner of the debt. If the debtor fails to make payments or defaults, the cosigner is obligated to pay off the debt. No benefits for the cosigner, but cosigner benefits the debtor.
How can you get Medicaid benefits re instated?
1. re-apply and be determined eligible, or 2. request a hearing and have the decision be in your favor
Does a cosigner have to have a job?
No, a cosigner can be retired, or just in good standing with the federal credit bureau. They do not necessarily have to have a job. But the deal with a cosigner is that if the individual they are cosigning for does not pay the bill, the cosigner is responsible for the payment.
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.
