The decision to cosign a student loan is not one to take lightly, so we provide a few items to consider before cosigning that student loan.
We help identify the FOUR things every cosigner should know before they sign a student loan promissory note.
An answer sheet for all the trending cosigner questions. Find answers to what everyone else has been asking about.
Cosigning a loan is an action that should never be taken lightly, because it can have serious implications to credit history. The loan appears on the cosigner’s credit report and can directly affect his or her credit as a debt owed.
The most important thing to understand about student loans is that they are loans – not free money. Like any loan, they need to be paid back, plus interest.
Life happens so it doesn’t hurt to be aware if the student loan repayment options, deferment or forbearance, are available to you.