Yes, someone can co-sign on multiple loans. If you are investing in several properties than I would suggest using hard money or bridge loans. These are private lenders in most cases and lend based on the value of the property not the credit score of the borrower. This is not available in all states mostly coastal communities both East and West.
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.
They could still cosign. It would mainly land on the bank to see if they would approve this person as a cosigner. More then likely they would if they have a mortgage as well as 2 other car loans that are up to date. This person probably has very good credit and all they'd need is a good amount of funds coming in to get approved.
you can but at your own debt.my versionYes it is legal and possible to take out multiple loans. The thing is that you need to report all your loans each time you take another or it is fraud and illegal.
For most payday loans, you must be at least 18 and have a job. You may be able to secure a payday loan earlier though, if you can persuade a parent to cosign with you. However, I would not recommend payday loans at all to anyone.
Yes, it is possible to cosign for student loans for two children. To cosign, one will have to meet the credit requirements.
Not if he did not cosign on the loans.
Yes, someone can co-sign on multiple loans. If you are investing in several properties than I would suggest using hard money or bridge loans. These are private lenders in most cases and lend based on the value of the property not the credit score of the borrower. This is not available in all states mostly coastal communities both East and West.
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.
Most of the time they need you to cosign in order to qualify for a loan. You can try a stafford loan.
syracuse cheated, the coach cosign car loans for players and blamed it on his wife
Grandparents might not cosign a loan because they might not trust a grandchild or the grandparents might not think they will have the income. Sometimes grandparents simply do not like to cosign loans. Ask the grandparents. Most grandparents will give an explanation.
They could still cosign. It would mainly land on the bank to see if they would approve this person as a cosigner. More then likely they would if they have a mortgage as well as 2 other car loans that are up to date. This person probably has very good credit and all they'd need is a good amount of funds coming in to get approved.
you can but at your own debt.my versionYes it is legal and possible to take out multiple loans. The thing is that you need to report all your loans each time you take another or it is fraud and illegal.
The cosign of pi is -1
OP here with more details: the private student loans they are cosigned on are current/paid on time, but other private student loans (with the same lender) are about to default. Can this in any way cause problems for my cosigner?
For most payday loans, you must be at least 18 and have a job. You may be able to secure a payday loan earlier though, if you can persuade a parent to cosign with you. However, I would not recommend payday loans at all to anyone.