Find advice, tips and answers to questions about Cosigners here.

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What perks and downsides come with a cosigner for a car loan?

When you cosign a car loan, you are essentially taking on the responsibility of the loan if the primary borrower cannot repay it. This can be a big responsibility, and it's important to understand the potential consequences before you cosign.The main perk of cosigning a car loan is that it can help

Mar 23, 2023
Does it matter if my credit score is low if I have a cosigner with strong credit?

1. It depends on the lender. Some lenders will be more forgiving if you have a cosigner with strong credit, while others may not. It's important to shop around and find a lender who is willing to work with you.2. Having a cosigner with strong credit can help you get approved for a loan even if your

Mar 23, 2023
Can I still build my credit if I have a cosigner?

Yes, you can still build your credit if you have a cosigner. Having a cosigner can help you get approved for a loan or credit card and can also help you get a lower interest rate. However, it's important to make sure that your cosigner is someone you can trust and who is willing to help you out. Be

Mar 23, 2023