Not exact matches
When new students take out private student loans, they typically have someone sign with them, usually a parent or
guardian,
as opposed to a federal loan that requires no
cosigner.
A guarantor is essentially the same thing
as a
cosigner and is most commonly seen when a parent or
guardian acts
as a guarantor for their college - aged child when they are attempting to obtain a student credit card but do not have substantial proof of income required for approval.
When new students take out private student loans, they typically have someone sign with them, usually a parent or
guardian,
as opposed to a federal loan that requires no
cosigner.