How Do I get a Co-Sighner For my College Loan?
Saturday, June 27th, 2009 at
12:38 pm
Ivailo I asked:
I live in USA, but I want to go study in EUROPE. Im thinking about applying for a Internation Loan. I graduated last year, and I saved some money for College by now. The problem is I need a CO-Sighner. Who can be my Co-Sighner, And where can I find him/her?
I live in USA, but I want to go study in EUROPE. Im thinking about applying for a Internation Loan. I graduated last year, and I saved some money for College by now. The problem is I need a CO-Sighner. Who can be my Co-Sighner, And where can I find him/her?
Tagged with: College Loan • Live In Usa • Study In Europe
Filed under: Student Loans
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First learn how to spell cosign. Thanks.
Usually at this stage a co-signer would be a family member: parent, grandparent, aunt or uncle or other relative who has a stable career and financial track record. A co-signer is agreeing to be responsible for the loan in case you are not responsible so logically it would be someone who knows you well, knows your capabilities and integrity toward responsibilities, and trusts that you will be responsible for this money.
Anyone who would agree to be a co-signer who did not know you well would be a loan shark who will probably charge you a stiff fee for this. . . .be very careful if you are seeking support from people you don’t know and trust too.
A co-signer can be a family member like your parent(s), or a friend. Keep in mind that a co-signer is a person willing to pay the debt if you default.
So, depending on your credit, or reliability in paying your debts and your word to do so may depend on their willingness to co-sign on the loan(s).
Good Luck! Nope this helps…
do not allow someone else to sign a loan for you that mean when you dont pay the collectors go after that person, you could mess up there credit and lives. how about this if you cant afford it on your own, DONT FREAKIN GO!!!