Sentences with phrase «cosigned loan on time»

Not exact matches

Cosigning for a loan can definitely hurt you if the other person doesn't pay but it should be noted that cosigning isn't always bad and won't hurt your credit score if it's paidCosigning for a loan can definitely hurt you if the other person doesn't pay but it should be noted that cosigning isn't always bad and won't hurt your credit score if it's paidcosigning isn't always bad and won't hurt your credit score if it's paid on time.

If you've been graciously talked into cosigning on a car loan by a family member or close friend, it's a good time to weigh the benefits for your loved one and the risks for yourself.

But that's just the beginning: Other allegations state that Navient offered a cosigner release promotion where friends and family members could cosign on a loan, with the understanding that once the borrower showed an ability to make continuous on - time payments, the cosigner could then apply to be released.

Those with a cosigned Sallie Mae student loan, for example, can apply for cosigner release after graduation if they've made 12 consecutive months of on - time principal and interest payments.

This year's cosigner survey uncovered an increase in the proportion of cosigner respondents that experienced a tougher time qualifying for a mortgage, auto loan, or other type of financing due to cosigning on their children's student loans.

Question: Dear Steve, Cosigned in 2009 on a Navient (at the time Sallie Mae) private student loan for my husband (soon to be ex).

Cosigned in 2009 on a Navient (at the time Sallie Mae) private student loan for my husband (soon to be ex).

If you do get approved for a cosigned loan, be extra careful about making the payments on time.

When asking your cosigner to cosign your loan, be sure to communicate that you will be responsible and repay the loan on time.

If the person who cosigned on your loan passes, the debt could be called in, even if you're paying on time.