Yes. And if he does he will become equally responsible for paying the mortgage if the primary mortgagor defaults on their mortgage payments. The bank will go after him for 100% of the debt.
Yes
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
yes
Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
Yes
Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.
Yes
ok Should not be a problem. A car loan is about credit, not driving.
yes
The cosign of pi is -1
how many times can someone cosign a car
If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.
no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.
Never cosign a loan. While I agree that one should NOT cosign. cosigning can hurt or help. Remember that if they do not pay you have to. Cosigning will affect your credit and count towards your debt to income ratio and show as an open joint auto loan. You might be turned down to get your own auto loan without a cosigner if you cosign.
Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.
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