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A cosigner can help you qualify for a loan, but there are risks including impacting the cosigner’s credit score or finances.
You both need to feel good about the agreement. The last thing you want is to ruin your relationship over financial tension. ... The long-term implications of being a co-signer. If you’re co ...
You aren’t required to have a cosigner to refinance a loan, but a cosigner can help if you’re not able to get approval on your own, whether due to poor credit or a risky borrowing history.
The answer depends on the type of loan you qualify to get and a host of other financial factors. Here's the basic information you'll need to know.Image credit: Getty Images.
Cosigning a loan for a family member or friend can put a person's credit score and overall financial position in jeopardy. Before cosigning a loan, it's important to know the benefits and risks.
Learn when co-signing for a car is a good financial idea and when you should avoid the risk that comes with co-signing a friend or family member's auto loan.