You can gain a lot by having someone cosign on your loan, like being able to get approved for the car that will get you where you need to go. But, being a cosigner requires a sizable commitment.
Continue ReadingYou can gain a lot by having someone cosign on your loan, like being able to get approved for the car that will get you where you need to go. But, being a cosigner requires a sizable commitment.
Continue ReadingHere at Auto Credit Express, we are sometimes asked that if a divorce decree makes an ex-spouse responsible for a loan, and payments are not made, will that affect your credit score. If you think it won't, you could be in for a rude surprise…
Continue ReadingCosigning an auto loan is not something to be undertaken lightly. There are several factors one should consider before agreeing to become a cosigner.
Continue ReadingSo, you’ve had your car loan for some time now. You decided you want to remove the cosigner and take on the loan by yourself. There aren’t many options to choose from, but, with careful planning, it can be done through refinancing.
Continue ReadingWhen you require a cosigner, it means you couldn’t be approved for a loan based on your credit history. Anyone who qualifies can be your cosigner, but it isn’t something to be taken lightly. The saying “with great power comes great responsibility” really applies to the borrower/cosigner relationship.
Continue ReadingAlthough both are equally responsible in a bad credit car loan most lenders attach a different meaning to each of these terms.
Continue ReadingThere are a few scenarios where you may be asked to provide a cosigner for your auto loan. In these three instances, you will likely be unable to get approved without one.
Continue ReadingBefore agreeing to become a cosigner on any loan, but especially something like a poor credit auto loan, consumers need to be aware of the risks involved as well as what they will be responsible for.
Continue Readingwhat to expect when buying a car with bad credit
Continue ReadingWith the increase in subprime car loan delinquencies and repossessions, subprime lenders will certainly be taking a closer look at applications and, in the long run, may be pulling back on the number of loans they approve. By following our tips, applicants will give themselves a better chance for an approval.
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