Примери коришћења Co-signer на Енглеском и њихови преводи на Српски
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A co-signer is individually responsible for any payments you miss,
In addition, lenders may write into the loan contract a provision demanding immediate repayment of the loan if the co-signer dies.
then you weaken your application in terms of DTI by adding the co-signer into the equation.
That co-signer must be a US citizen
Unemployed and retired people can co-sign on loans although you have a better chance of getting approved if your co-signer has some kind of income.
car loan to prove he doesn't need a co-signer anymore?
is more likely to do so if the co-signer has a better credit score
A co-signer may be reluctant to include his name on the lease if he has any doubts about you making the payments.
A co-signer may sue the principle borrower on the loan to force that party to pay half of the amount due.
If he won't do it, you as a co-signer have the right to check into the status of those accounts.
The co-signer must have at least 30 days to bring the loan current or make acceptable payment arrangements before the credit bureaus are notified.
the lender has a legal right to pursue payment from your co-signer.
I was able to buy my own home without a co-signer at age 25.
In some states, if a creditor repossesses a car and then sells it, it may pursue a co-signer for any deficiency-- the difference in the balance of the loan and the sale price.
If you have a co-signer to an auto loan
If your co-signer has no income source of any kind,
you may want to consider finding a co-signer with a good credit history who can bolster your application.
many consumers can still qualify even without a source of income by using their financial assets as collateral against the loan or finding a co-signer.
the general rule is a co-signer is equally liable for payment in full,
In Michigan, for example, a lender must notify a co-signer that a principle borrower is behind on the loan or in default before reporting the adverse information to the co-signer's credit report or taking any collection actions against the co-signer.