Many lenders agree to release a cosigner from
the loan after a certain length of time has passed with satisfactory payments.
Many lenders agree to release a cosigner from
the loan after a certain length of time has passed with satisfactory payments.
Not exact matches
An adjustable rate mortgage, or «ARM,» is a
loan that offers a lower initial interest rate than most fixed rate
loans, but will adjust up or down to match changes in the interest rate
after a
certain length of time.
There are also stipulations for public AND private borrowers to receive a student
loan «forgiveness»
after a
certain length of time as long as the individual has been making their payments.
But since some repayment options and / or careers offer
loan forgiveness
after a
certain length of time, picking the option with the lowest interest over
time might not actually be your best bet.