02/06/2010 · Not only do you have to clear the age of majority in your state to obtain a car or personal loan, you have to be at least 18 even to have a cosigner with some lenders. However, you may nonetheless be able to find loans — it'll just take some additional legwork. Auto and Personal Loans Several lenders offer loans to borrowers who are just you cannot have a cosigner on a personal loan through LendingClub, you can apply for a joint personal loan with a co-borrower. For example, let’s say your credit history is not strong and you and your spouse need to pay off some medical ;· A co-signer can help you get approved for a personal loan, and you might qualify for better interest rates with their help. But co-signing is risky, so it’s crucial for the co-signer to understand what’s at stake. Think about who might be a good co-signer, and whether you …05/12/2020 · How Does Using a Cosigner for a Personal Loan Work? Bringing on a cosigner might help you qualify for personal loans with better interest rates and terms. A cosigner is someone who agrees to step in and assume financial responsibility for the loan should you fail to make your payments. It essentially provides an additional layer of security for the lender, assuming they allow cosigners (not all do).14/07/2017 · Yes, you can hire someone to be a cosigner on your personal loan. But it’s not a good idea. The two we found — Hire a Cosigner and Cosigner Finder — charge a fee to connect you with a Loans with a Cosigner: How to Get a Better Deal How to Get a Personal Loan With a Co-SignerHow to Get a Personal Loan With a Co-SignerPersonal Loans with a Cosigner: How to Get a Better Deal 12/02/2019 · Here are a few qualities to look for in a co-signer. The potential co-signer should be able to afford to make the monthly loan payments if you can’t. They have good or excellent credit. Across the three major consumer credit bureaus, a score 700 and above (on a scale of 300 to 850) is typically considered good.

Tags: