Now that you know how to get a cosigner listening to your plea, tell them about the
benefits of cosigner release and your plan to work toward it.
As with some other lenders, iHelp offers the option
of cosigner release at any time after two years of consistent payments.
The
terms of cosigner release depend on the lender, but typically, the borrower needs to prove they have made on - time payments and have sufficient income to pay back the loans on their own, without your help.
One of the letters is for inquiring about the
process of cosigner release, while the other is for the cosigner, like parents, who are looking to be removed from the loan.
As with some other lenders, iHelp offers the option
of cosigner release at any time after two years of consistent payments.