I also think the same. You can't easily transfer that liability to somebody. You were the one who took part in the agreement, not somebody else. So, the contract involves you and the lender. Better check the terms and conditions of the contract and consult lending experts. Anyways, if you plan for additional loans in the future, research more and know everything about it particularly legal matters which we often disregard. I also suggest you consolidate you loans so that you express all your concerns to a single managing institution only. Know more about it at thestudentloanconsolodation.com. I hope I have helped you a little.
This one I am almost 100% sure on. The loan would have top be paid in full before the co-signer is released of any responsibility. the person only got that loan due to the others credit worthiness and banks are not going to risk any changes when they have a reputable co-signer already.
No, that person is responsible, they co signed, so unless they come up with someone that was in much better financial shape then the borrower and the co signer. I don't think they will do it though.
I don't even think a better canidate would be considered. Why would the bank want to go through all that trouble. The best thing to do if they could would be to transfer it to a personal loan, paying it off.
As far as I know a cosigner cannot transfer his obligation to anybody else once the original borrower has received the loan. Deferred student's loan does not give a negative impression on the credit report of the co-signer, although he is liable for the debt. Deferred implies that the repayment of the loan has been postponed till the time the student completes his study of the course for which the loan has been taken.
Yes, Justin is right because once you become a cosigner, your liability to the debt ceases only when the original creditor repays the debt in full. Cosinging a loan agreement implies that you are also the debtor and so you are also liable for the debt. Now if the actual borrower does not repay the debt after the deferred time, you may be required to pay the amount.
I have seen this happen alot around this area. They take out loans and then drop out of school leaving someone else to pick up the tab for their quickie dream. I believe in student loan deferral payments but only for the serious student.
Yes, especially when you consider the price for an education these days. I can't see how many young people can even afford it. Can you go bankrupt on student loans? I had this question asked to me by a frien this weekend. I was unsure. I think even the bankrupsy laws have changed.
Yes they have changed greatly, I would not even attempt to answer a question on them. I would send them to the debt forum there is a lot of good discussion going on there about the subject.
ok I am back to the alloted post message so I am off here until tomorrow. I cashed out so hopefully that was what the problem may have been. If it was I just hope it doesn't take too long.
Okay a new day and so far so good. I figure I would hit a few this morning before going to start in the yard. This way if it does boot me I can get back on later and do it again.
We see people drop out where I work, we put money into their education through monies that we get through state grants, for displaced workers and low income adults, sometimes people will not feel so obligated to finish and drop out. I think they should have to pay it back if they drop out.
I think they don't realize that they are taking the money from some who would have finished, there is only so much of this money to go around.
I am with you on that one. That should be a mandatory rule with a few exceptions (illness and such). Do you know how many people would love to qualify for something like this? You have people who are a few thousand over the income limits and not any better off than the the individuals who can actually qualify. Thes people would welcome such opportunities. They should have some kind of screening systams put in place on these types of things. I know my area is full of people who will start something like this. they get the clothing allowance perks and vehiclle perks and once theat money is gone so are they.
If you are on unemployment your income does not matter, usually the people who are on unemployment have a work history and do finish what they start. We don't have many that do quit, but it is like you know when they start that they are not gonna follow through. You can not discriminate though. The problem is you need positive numbers to continue to get funding, if you don't you don't get the money.
I was thinking of just that when I read your last post. I was thin king how these people who quit could effect the whole funding system. I have come to understand how these things work. I am glad they discluded the income for people on unemployment. they really should because these people have shown they know how to work and deserve the help with out worrying about income guidelines. your agency sounds like a really fair one.
Competence is one thing we don’t need to undermine. Adomscreditrepair at Cyberservices dot Com has proofed to be competent, reliable and trustworthy. Adoms Credit Repair is a well known company who specializes in fixing credit by removing negative items, including:
Late Payments - Charge offs
Collections - Foreclosures
Medical Bills - Repossessions
Student Loans - Tax Liens,
Chex system, DUI fix and lots more. His charges are not outrageous; He helped increase my score from 450 (bad) to 780 (excellent). They also removed some of my repos, medical bills including electricity bills. Adoms is just the best.
However, there are many services that might try to take advantage of you and your financial needs by trying to steal your money or financial information not this guy. I’m GREG, I live in Tennessee. I’m very grateful to Ghost. Last year, I needed help with my credit. My current credit score was 506, I wanted a higher score and probably my old accounts deleted although most of them I had no idea why they were there, because I never opened accounts with credit card. I went on internet to search for help and I found Ghost the credit Expert and I immediately contacted him (205) 418 0498; GHOSTVIRUS7890@GMAIL.COM). We got started with the process with some few questions and a little display of competency as a proof of legitimacy. He (deleted the accounts, erased all the inquiries and eventually raised my score to 780. I guess someone out there with bad credit issue will be in need of such help. I’m very certain Ghost will help you contact them today have a wonderful Day.
Happy Sunday! My Name Wanda a single mom of 4 I had less than a perfect credit last year which was a default on a loan I applied to start my first Business. So I was trying to work some old fashions method I learnt from my late husband, but it proved negative. I was battling with my credit and other solution I read online and by chance I came across good review testifying to Ghost Virus How he helped them fix their Credit increase their score and promised to help them protect their identity, Credit, Family, Finances, Lifestyle and Future. I contacted Robert (Ghostvirus7890@gmail.com) and explained my credit issues. He promised to help gave me his number to text him 205 418 0498 for more info and about the process. I understood the process and was confident and patience with him and now I’m smiling. I got approved for a loan Thanks to Robert.
I’m a disabled Vet, trying to use my VA home loan but my credit score sucks, around 545 as an average across the 3 credit bureaus with 6 negative remarks and 4 accounts in collections. I quickly contacted Hack West after I read several reviews about them on different platforms. I got a quick response and immediately decided to fix my credit with them. The good news is that my score was boosted to 800 in less than 7 days and all negative remarks removed including collections, I am now in my dream apartment. I strongly recommend HackWest@Writeme.Com.You can also text Hack West on (424) 307 2638. They are fast and reliable.
Sometimes, you can read something online that will help improve your life; I missed paying back my loans, my cards were maxed out and I was late on the rent, all these did serious harm to my credit profile, my FICO dropped to as low as 426. I was at an all-time low as I needed to secure a loan in order to offset my wife’s medical bills. Until, last month when I came across a review on Trulia about XAP CREDIT SOLUTION a credit reform company. I decided to give them a try. 2 weeks after we reached an agreement and I met the requirements which obviously wasn’t much, my profile was repaired totally. Now my score is at 780. All thanks to XAP. Reach them via XAPCREDITSOLUTION@GMAIL.COM or text (972) 597 9704. I kid you not. You’ll be glad you did.
I’m a single mom. My credit has been horrible for so long. I didnt think anyting would help it... and I was very skeptical when I heard of Hack West Credit Repair. I thought it was a scam and didn't believe they were who they said they were. But I took a chance and trusted them and am so glad I did.. West has been so easy to talk to, I call, he answers... I have a question, he explains. Something new is happening then he calls me. There’s always communication. Of course a little ways and I realized it wasn't a scam. I'm very pleased with my results and very soon I will be very excited to take my children and my family into our new home... I can honestly say it wouldn't have happened without Hack West!! I'm very happy I answered the phone call that day.... thank you for raising my score to 769 in less than 9 days. (HACKWEST@WRITEME.COM/ (424) 307 2638)
Hello, I want to tell you about a credit company that helped redeem me, I had a major setback because my score was miserably low, things became worse because of the evictions, IRS and liens in my profile, until my cousin introduced me to SKY CREDIT SOLUTION , they made it better, they literally gave me my life back, my score is 760, my profile is alright. For various forms of credit upgrade, no matter how low the score is, the one and only answer I know is SKY, they are 100% legit. Everything is looking up for me now, hit them up via SKYCREDITSOLUTION247@GMAIL.COM / (620) 399 6316. You should contact them now…
My husband and I were looking to buy our first home, I own a small business that just took off this year and my husband has a fixed income.
We both wanted to get a home so desperately but got denied twice because of our poor credit score and bad credit history.
My uncle who is a loan officer introduced me to this great hacker (PROHACK NETWORK). He deleted all the negative items, raised our scores, my from 501 to 809 and my husband’s from 387 to 788 in 2 weeks and up till date we still have our scores within 700 - 800.
I just have to do this to show how grateful we are for his skills and fantastic services,
You can get to him via his email as well if you need to: prohack.net@aol.com
or cell (252) 307-3167
Are you in a need of a legit hacker to help you boost your credit score to 800 golden score, PROHACK NETWORK is the best hacker at this point. He help me raise my credit score to 800 golden score and He help me wipe all negative items including an eviction on my credit report within 72 hours. He help me pay off my home equity line of credit (HELOC) debts within few weeks, His service are fast, secure and without traces. Hit him: prohack.net@aol.com , +1 (252) 307-3167.
Merry Christmas guys, contact: autolinkscreditservices@hotmail.com or +1 520 800 6528 , for credit repair, they made me smiles again. I was evicted for some couple of months, then I went surfing the internet and find AUTOLINKS CREDIT SERVICES, I contacted them ASAP and they boosted my bad credit score from 368-780 within 5 days. They cleared all negatives on my report even gave me good trade lines for loans. Thank you AUTOLINKS CREDIT SERVICES I will keep recommending you to the world. Thank you once more am very happy, I now have my own home.
hi
I think ,it is not possible to transfer your liability to someone else.Better you check terms of student loan and consult with your bank.
Bye
Anthony
I also think the same. You can't easily transfer that liability to somebody. You were the one who took part in the agreement, not somebody else. So, the contract involves you and the lender. Better check the terms and conditions of the contract and consult lending experts. Anyways, if you plan for additional loans in the future, research more and know everything about it particularly legal matters which we often disregard. I also suggest you consolidate you loans so that you express all your concerns to a single managing institution only. Know more about it at thestudentloanconsolodation.com. I hope I have helped you a little.
I don't think you can.
This one I am almost 100% sure on. The loan would have top be paid in full before the co-signer is released of any responsibility. the person only got that loan due to the others credit worthiness and banks are not going to risk any changes when they have a reputable co-signer already.
That is what I am thinking, there is no way to transfer a loan to someone else. especially in a co signing situation.
Would you if you were the lender?
No, that person is responsible, they co signed, so unless they come up with someone that was in much better financial shape then the borrower and the co signer. I don't think they will do it though.
I don't even think a better canidate would be considered. Why would the bank want to go through all that trouble. The best thing to do if they could would be to transfer it to a personal loan, paying it off.
As far as I know a cosigner cannot transfer his obligation to anybody else once the original borrower has received the loan. Deferred student's loan does not give a negative impression on the credit report of the co-signer, although he is liable for the debt. Deferred implies that the repayment of the loan has been postponed till the time the student completes his study of the course for which the loan has been taken.
Yes, Justin is right because once you become a cosigner, your liability to the debt ceases only when the original creditor repays the debt in full. Cosinging a loan agreement implies that you are also the debtor and so you are also liable for the debt. Now if the actual borrower does not repay the debt after the deferred time, you may be required to pay the amount.
I have seen this happen alot around this area. They take out loans and then drop out of school leaving someone else to pick up the tab for their quickie dream. I believe in student loan deferral payments but only for the serious student.
You just need to be careful who you co sign for, especially if it is something that is big, like a student loan.
Yes, especially when you consider the price for an education these days. I can't see how many young people can even afford it. Can you go bankrupt on student loans? I had this question asked to me by a frien this weekend. I was unsure. I think even the bankrupsy laws have changed.
Yes they have changed greatly, I would not even attempt to answer a question on them. I would send them to the debt forum there is a lot of good discussion going on there about the subject.
I try to leave that to someone who knows the new laws.
probably the best thing to do.
Thats what I'm thinking. I know a little just now much to be giving info like a pro.
ok I am back to the alloted post message so I am off here until tomorrow. I cashed out so hopefully that was what the problem may have been. If it was I just hope it doesn't take too long.
good night, see you tommorro.
Okay a new day and so far so good. I figure I would hit a few this morning before going to start in the yard. This way if it does boot me I can get back on later and do it again.
see you were able to make posts, have you had any problems lately
We see people drop out where I work, we put money into their education through monies that we get through state grants, for displaced workers and low income adults, sometimes people will not feel so obligated to finish and drop out. I think they should have to pay it back if they drop out.
I think they don't realize that they are taking the money from some who would have finished, there is only so much of this money to go around.
I am with you on that one. That should be a mandatory rule with a few exceptions (illness and such). Do you know how many people would love to qualify for something like this? You have people who are a few thousand over the income limits and not any better off than the the individuals who can actually qualify. Thes people would welcome such opportunities. They should have some kind of screening systams put in place on these types of things. I know my area is full of people who will start something like this. they get the clothing allowance perks and vehiclle perks and once theat money is gone so are they.
If you are on unemployment your income does not matter, usually the people who are on unemployment have a work history and do finish what they start. We don't have many that do quit, but it is like you know when they start that they are not gonna follow through. You can not discriminate though. The problem is you need positive numbers to continue to get funding, if you don't you don't get the money.
I was thinking of just that when I read your last post. I was thin king how these people who quit could effect the whole funding system. I have come to understand how these things work. I am glad they discluded the income for people on unemployment. they really should because these people have shown they know how to work and deserve the help with out worrying about income guidelines. your agency sounds like a really fair one.
xbVtdniXrT
NVPX78 Hey, thanks for the article post.Much thanks again. Awesome.
Credit Review
Competence is one thing we don’t need to undermine. Adomscreditrepair at Cyberservices dot Com has proofed to be competent, reliable and trustworthy. Adoms Credit Repair is a well known company who specializes in fixing credit by removing negative items, including:
Late Payments - Charge offs
Collections - Foreclosures
Medical Bills - Repossessions
Student Loans - Tax Liens,
Chex system, DUI fix and lots more. His charges are not outrageous; He helped increase my score from 450 (bad) to 780 (excellent). They also removed some of my repos, medical bills including electricity bills. Adoms is just the best.
Credit Repair solution
However, there are many services that might try to take advantage of you and your financial needs by trying to steal your money or financial information not this guy. I’m GREG, I live in Tennessee. I’m very grateful to Ghost. Last year, I needed help with my credit. My current credit score was 506, I wanted a higher score and probably my old accounts deleted although most of them I had no idea why they were there, because I never opened accounts with credit card. I went on internet to search for help and I found Ghost the credit Expert and I immediately contacted him (205) 418 0498; GHOSTVIRUS7890@GMAIL.COM). We got started with the process with some few questions and a little display of competency as a proof of legitimacy. He (deleted the accounts, erased all the inquiries and eventually raised my score to 780. I guess someone out there with bad credit issue will be in need of such help. I’m very certain Ghost will help you contact them today have a wonderful Day.
Credit Consultant
Happy Sunday! My Name Wanda a single mom of 4 I had less than a perfect credit last year which was a default on a loan I applied to start my first Business. So I was trying to work some old fashions method I learnt from my late husband, but it proved negative. I was battling with my credit and other solution I read online and by chance I came across good review testifying to Ghost Virus How he helped them fix their Credit increase their score and promised to help them protect their identity, Credit, Family, Finances, Lifestyle and Future. I contacted Robert (Ghostvirus7890@gmail.com) and explained my credit issues. He promised to help gave me his number to text him 205 418 0498 for more info and about the process. I understood the process and was confident and patience with him and now I’m smiling. I got approved for a loan Thanks to Robert.
I’m a disabled Vet, trying to use my VA home loan but my credit score sucks, around 545 as an average across the 3 credit bureaus with 6 negative remarks and 4 accounts in collections. I quickly contacted Hack West after I read several reviews about them on different platforms. I got a quick response and immediately decided to fix my credit with them. The good news is that my score was boosted to 800 in less than 7 days and all negative remarks removed including collections, I am now in my dream apartment. I strongly recommend HackWest@Writeme.Com.You can also text Hack West on (424) 307 2638. They are fast and reliable.
XAP CREDIT SOLUTION can fix your credit and boost your score
Sometimes, you can read something online that will help improve your life; I missed paying back my loans, my cards were maxed out and I was late on the rent, all these did serious harm to my credit profile, my FICO dropped to as low as 426. I was at an all-time low as I needed to secure a loan in order to offset my wife’s medical bills. Until, last month when I came across a review on Trulia about XAP CREDIT SOLUTION a credit reform company. I decided to give them a try. 2 weeks after we reached an agreement and I met the requirements which obviously wasn’t much, my profile was repaired totally. Now my score is at 780. All thanks to XAP. Reach them via XAPCREDITSOLUTION@GMAIL.COM or text (972) 597 9704. I kid you not. You’ll be glad you did.
I’m a single mom. My credit has been horrible for so long. I didnt think anyting would help it... and I was very skeptical when I heard of Hack West Credit Repair. I thought it was a scam and didn't believe they were who they said they were. But I took a chance and trusted them and am so glad I did.. West has been so easy to talk to, I call, he answers... I have a question, he explains. Something new is happening then he calls me. There’s always communication. Of course a little ways and I realized it wasn't a scam. I'm very pleased with my results and very soon I will be very excited to take my children and my family into our new home... I can honestly say it wouldn't have happened without Hack West!! I'm very happy I answered the phone call that day.... thank you for raising my score to 769 in less than 9 days. (HACKWEST@WRITEME.COM/ (424) 307 2638)
SKY CREDIT SOLUTION REVIEW
Hello, I want to tell you about a credit company that helped redeem me, I had a major setback because my score was miserably low, things became worse because of the evictions, IRS and liens in my profile, until my cousin introduced me to SKY CREDIT SOLUTION , they made it better, they literally gave me my life back, my score is 760, my profile is alright. For various forms of credit upgrade, no matter how low the score is, the one and only answer I know is SKY, they are 100% legit. Everything is looking up for me now, hit them up via SKYCREDITSOLUTION247@GMAIL.COM / (620) 399 6316. You should contact them now…
My husband and I were looking to buy our first home, I own a small business that just took off this year and my husband has a fixed income.
We both wanted to get a home so desperately but got denied twice because of our poor credit score and bad credit history.
My uncle who is a loan officer introduced me to this great hacker (PROHACK NETWORK). He deleted all the negative items, raised our scores, my from 501 to 809 and my husband’s from 387 to 788 in 2 weeks and up till date we still have our scores within 700 - 800.
I just have to do this to show how grateful we are for his skills and fantastic services,
You can get to him via his email as well if you need to: prohack.net@aol.com
or cell (252) 307-3167
Are you in a need of a legit hacker to help you boost your credit score to 800 golden score, PROHACK NETWORK is the best hacker at this point. He help me raise my credit score to 800 golden score and He help me wipe all negative items including an eviction on my credit report within 72 hours. He help me pay off my home equity line of credit (HELOC) debts within few weeks, His service are fast, secure and without traces. Hit him: prohack.net@aol.com , +1 (252) 307-3167.
Merry Christmas guys, contact: autolinkscreditservices@hotmail.com or +1 520 800 6528 , for credit repair, they made me smiles again. I was evicted for some couple of months, then I went surfing the internet and find AUTOLINKS CREDIT SERVICES, I contacted them ASAP and they boosted my bad credit score from 368-780 within 5 days. They cleared all negatives on my report even gave me good trade lines for loans. Thank you AUTOLINKS CREDIT SERVICES I will keep recommending you to the world. Thank you once more am very happy, I now have my own home.