Sentences with phrase «co-signed loans result»

Not exact matches

The loan you've co-signed for can show up on your credit report, just like any other debt you have... As a result, the loan you've co-signed for can increase the size of your outstanding debt — added to your mortgage, credit - card balances, car loan or student loans — when lenders are deciding whether to let you borrow more money.

Engage Co-signer: If it seems that all your efforts to get a personal loan is not yielding positive results, you might approach somebody with a good credit history and credit score to co-sign the loan for you.

As a result of the rising costs of higher education in the U.S., it has become common practice for students to ask their parents or family to co-sign a student loan for them.

Therefore, any co-signed loan that goes into default, will more likely result in a judgment against you.

As a result, the loan you've co-signed for can increase the size of your outstanding debt — added to your mortgage, credit - card balances, car loan or student loans — when lenders are deciding whether to let you borrow more money.

There ain't no cure for the bad co-signer credit score blues — When you co-sign, you agree to take on responsibility for the loan — and the credit damage that results if it's allowed to go into default... (See Co-signer credit score blues)