My lender or dealer said that my spouse had to co-sign my auto loan. Is this right?
- Listed: August 12, 2022 1:51 pm
- Expires: This ad has expired
Description
My lender or dealer said that my spouse had to co-sign my auto loan. Is this right?
In general, a creditor such as a lender or dealer cannot require your spouse’s (or another person’s) signature for individual credit if you qualify on your own for the amount and terms requested.
If you are applying for joint credit, however, a lender or dealer may require your spouse’s signature (or the signature of the person with whom you are applying).
223 total views, 2 today
Listing ID: 32662f65ab4eaac8
- Listed by: Editor
- Member Since: July 24, 2018
Other items listed by Editor
- If I co-sign for my grandchild’s student loan, can the lender garnish my Social Security check if my grandchild can’t or won’t repay the loan?
- What happens when I file an insurance claim?
- Foreclosure
- Do I have to negotiate my vehicle purchase at the same time as I negotiate how much I get for my trade-in or the terms of a loan from the dealer?
- I am a servicemember planning to buy a vehicle. If I get stationed overseas, will I be able to bring my new vehicle with me?