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Yes, you can hire a cosigner to help you secure a loan or rental agreement. A cosigner is someone who agrees to be responsible for the debt if you are unable to pay. This can help you qualify for a loan or rental agreement if you have a limited credit history or poor credit.
Yes, you can hire a cosigner to help secure a loan or rental agreement. A cosigner is someone who agrees to be responsible for the debt if the borrower or tenant fails to make payments.
No, you cannot pay someone to be a cosigner for a loan or rental agreement. A cosigner is someone who agrees to take on responsibility for the debt if the primary borrower fails to pay. It is based on trust and financial stability, not on payment.
No not unless you have an agreement that you had to pay the rent.
Yes
The way it may impact on the credit report depends on if the person pays the rent as agreed. It will also play a part in the cosigner's DTI. Usually the only way of being removed as a cosigner is if the agreement is reaffirmed by the primary holder and the lender. In the instance of rental agreements, a cosigner can sometimes be relieved of obligation if there is a breach of contract. For example, if the person moves someone not on the original rental contract into the apartment.
You would normally create a new rental agreement with the landlord.
They can be sued for a breach of the agreement. Co-signers are equally responsible for any default regarding a lease.
To hire a cosigner for a loan or rental agreement, you need to find someone who is willing to vouch for you and take on the responsibility of paying back the loan or rent if you are unable to. This person should have a good credit history and be financially stable. You will need to discuss the terms of the agreement with them and make sure they understand their obligations before signing any documents.
I was applying for a new rental agreement and the place I'm trying to rent from saw a judgment in my name for a lease that I have never lived or signed up to be a cosigner to be on any agreement. I think my sister used my social security info and forged my signature and she backed out of a rental agreement. I've opened an investigation with the rental agency and other property and I'm just wondering what I can do in the meantime to clear my name from this.
if a eviction notice was servered after i gave a 30 day notice as im a cosigner to be removed from agreement am i still responsible
i need a copy of a home rental agreement