Phrases with «to release a cosigner»

The phrase "to release a cosigner" means removing someone's responsibility or obligation to repay a loan, usually by satisfying certain conditions. Once a cosigner is released, they are no longer legally obligated to repay the loan if the borrower fails to do so. Full definition

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Sentences with «to release a cosigner»

  • Most importantly, keep in mind that by releasing your cosigner from your loan, you're not being entirely released from your loan obligations. (studentloanhero.com)
  • Some lenders release your cosigner after a set period of on - time monthly payments. (studentloanhero.com)
  • Other lenders allow you to release a cosigner on your loan after a certain number of on - time payments. (studentloanhero.com)
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