All Questions
27
questions
0
votes
1
answer
369
views
Bought a Harley, had my father co sign. He's listed as primary
I bought a Harley this past April, my credit wasn't up to par for the bike I was interested in so the dealer asked if I could get someone to co-sign. I talked it over with my father and he agreed to ...
12
votes
4
answers
3k
views
Would being a co-applicant on a loan have any impact on minimum payment each month?
My mother and I are considering getting a loan through the Dividend Finance programme to have a solar panel installed. My mother filled out the primary applicant section of the application and is ...
- 282
25
votes
7
answers
10k
views
Can my dad remove himself from my car loan?
I bought a new car from a dealership, and my dad agreed in front of my husband and my mother to co-sign for me. The dealership allowed me to take the paperwork out to my dad's house and have him sign ...
- 259
4
votes
5
answers
19k
views
Can you hire a cosigner online? And does it work? Has anyone tried it? [duplicate]
I am looking to hire a co-signer online for a loan that’s been approved pending co-signer approval. I completely comprehend that my financial assessment is sketchy however I would like to offer some ...
- 41
1
vote
1
answer
298
views
I thought I was a boat owner with a loan, only to find out I was used as a cosigner. What are my rights? [closed]
I thought I purchased a boat. I signed the paperwork as a borrower, only to find out I was used as a cosigner. He filed for divorce and took off with the boat. He is always 2 payments behind. What are ...
72
votes
1
answer
10k
views
My friend cosigned for a defaulted loan. Should he declare Chapter 7 bankruptcy?
Background:
My friend Abe co-signed an auto loan for about $25k with his "friend" Bella, in the USA state of Maryland, about 4-5 months ago. The car was for Bella's use. The deal was that ...
50
votes
12
answers
29k
views
My mother co-signed for my car. Can she take it away from me if I am the one making car payments?
My credit is in the low 500s and I was unable to get a car loan. My mom cosigned for me and I've now had a beautiful car for three months. I've been making on-time payments, the registration is in my ...
- 479
19
votes
3
answers
12k
views
Are cosigner finder websites like hireacosigner.com, cosignerfinder.com etc. legit?
I am a foreigner to USA and would like to pursue masters in CS in USA. But based on the current state of USD, I won't be able to pay the costs of tuition on my own.
So, I will be taking a loan from ...
- 293
0
votes
0
answers
112
views
Can I take my name out of a car loan? [duplicate]
I am in the process of buying a house and the bank requires that my name needs to be taken out of the car loan. My son is the cosigner, and my daughter (whom I bought the car for) is making the ...
3
votes
2
answers
234
views
Car loan finance question
My mother asked for me to sign for her a car as a co-signer. I spoke to the dealership finance rep to confirm price and payment information. My mother was at the dealership I was not I was at home in ...
- 31
1
vote
1
answer
780
views
Co-signer and Primary
My co-signer ending up being the primary on my car loan. Now that makes me the co-signer. Both of our names are on the car loan. Do i have any rights to the car? can the primary take the car from me ...
user71228
4
votes
1
answer
2k
views
I have made all the payments on a car I cosigned. Do I have to fight for possession of the vehicle?
I cosigned on a vehicle for my ex, yet he has made no payments. I have made all the payments so far even though he has always had possession of the car. I will continue to pay if he gives me the car, ...
- 41
6
votes
3
answers
2k
views
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 ...
- 163
70
votes
12
answers
55k
views
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 ...
- 657
0
votes
1
answer
156
views
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 ...
- 11
2
votes
1
answer
1k
views
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-...
- 21
17
votes
2
answers
5k
views
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?
- 171
7
votes
1
answer
13k
views
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 ...
- 71
14
votes
3
answers
88k
views
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 ...
- 141
4
votes
1
answer
489
views
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 ...
- 49
3
votes
1
answer
76k
views
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 ...
- 133
10
votes
1
answer
14k
views
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
8
votes
1
answer
3k
views
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
11
votes
4
answers
21k
views
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 ...
- 31.7k
23
votes
10
answers
27k
views
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. ...
- 31.7k
10
votes
1
answer
839
views
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?
- 427
23
votes
5
answers
9k
views
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 ...
- 8,683