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What if someone put your information on a loan as a co-signer and you didn't approve it and it went through anyways?
Wiki User
∙ 14y ago
What you are describing, if I am understanding correctly, is another party acquired your personal information and used it to obtain a loan. If that is the case and you did not sign the loan documents and you have not given the other party power of attorney to act on your behalf, then this would be considered fraud and most likely, identity theft
You should contact the lender and file a fraud report with them. Additionally, you should file a report with your local law enforcement agency.
Wiki User
∙ 14y ago
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If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?
Yes.
What is the verb for approval?
The verb of approval is approve. As in "to approve of something or someone".
How can someone purchase a vehicle asap with really bad credit no money down and no cosigner?
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What does it mean to have a guarantor on an auto loan?
A cosigner- someone who agreesto pay the loan if you default
Can someone put you as a cosigner without your signature on a car title?
No-they probably forged your signature
Can someone be a cosigner for an apartment if they live in another state?
Whether or not an apartment complex would allow someone from another state to become a cosigner would be up to them to decide. They have the right to set their own rules in regards to who would be allowed to cosign.
What is Literary friendship?
when someone knos who you are and liks you anyways
Is it is possible to have someone who is a British citizen and a UK resident as a cosigner?
IF you can talk the lender into it, yes. LOL
How can the cosigner be soley responsible for a repossesion of a car?
According to the law, a cosigner signs for someone else that they think might not pay off the load. The cosigner signs a contract agreeing to pay the loan off if the other person does not. He can be solely responsible becase he signs a contract promising to do so.
Would a judgment for back child support stop someone from getting a loan without a cosigner?
yes
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.
