Sentences with phrase «because cosigning»

Because a cosigned loan is reported on your credit, banks and lenders will use this information to determine what kind of credit you qualify for.

Not exact matches

Because Hurley's also right in that things need to keep getting said, I'm going to say this in response to her and Wendig's links, as well as Dear Author's and the Mary Sue's: cosigned.

The reason why most private student loans are cosigned is because lenders have strict qualifications.

This type of educational loan is a great alternative to cosigning on a student loan because the parent does not have to jeopardize their credit history.

Because most private loans are cosigned, often by a parent, Cheng said it is especially important that graduates take their student loan payments seriously.

People in other kinds of relationships, such as a boyfriend and girlfriend, should not cosign for each other because emotions can cloud rational review of the risks of cosigning, he adds.

A parent might want to refinance to take over a student loan they cosigned and are repaying because a child can't afford to, for example.

I have a second offspring whose credit has been damaged because of my bankruptcy, as I also cosigned a private student loan for him.

Because the public declarations of protest included artists, collectors, and critics who cosigned joint statements, Reinhardt considered the protest simply an opportunistic networking opportunity, rather than a protest movement that entailed any true risk on the part of the participants.

Because of this, many parents and grandparents cosigned for these loans.

His parents are holding all of the paperwork captive because they are insisting to remain the beneficiary since they are the ones who cosigned his loans.

But if you are single, and you have family — parents, siblings, and even nieces and nephews — you should still have some life insurance.At a minimum, you should have enough to cover final expenses, medical costs that anyone has paid on your behalf, and especially any loans where a family member has cosigned in order for you to get a loan.Cosigned loans don't disappear because the primary borrower dies.

These lenders not only can come after your grandchildren's personal assets — if they default on these loans because of unemployment or their inability to negotiate lower payments — but they can also sue their parents if they've cosigned the loan.