The Best-Case Scenario for Student Loan Cosigners
I cosigned a student loan for my brother. Even though things went perfectly, there were still some hardships caused by cosigning.
Latest Posts in Cosigner Issues
The Co-Signer Release Myth Exposed by Consumer Financial Protection Bureau
Lenders love to advertise co-signer release programs. CFPB research shows getting approved for a release is really difficult. However, their are ways around this issue.
Can’t pay your student loans? Here is what you should tell your cosigner.
Telling your cosigner you can’t afford your student loan payments is scary. Not telling them and missing a payment is much worse.
What is a Student Loan Co-Borrower?
A co-borrower is technically different from a cosigner. Learn the key differences, similarities and responsibilities as they apply to student loans.
My Cosigner Died… What Happens to My Student Loan?
A student loan cosigner dying can lead to some issues for the borrower. Fortunately, shady lender tactics can often be avoided.
Tip for Married Couples: Don’t Cosign Loans
Cosigning loans with your spouse may seem like an easy and harmless decision, but doing so can be a huge financial mistake.
When Student Loan Borrowers and Their Cosigners Need Life Insurance
Life insurance is essential for many student loan cosigners.
How to Find a Student Loan Cosigner
Cosigning is a major risk, which makes it hard to find the right person with a great credit score and steady income.
Five Reasons Cosigning a Student Loan is a Mistake and One Exception
Cosigning on a student loan is usually a bad idea.