What is a Cosigner ?

WHAT IS A CO-SIGNER? ⁉️⁣
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It isn’t always easy to qualify for a loan without a strong credit score and a steady income.
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A co-signer is someone who steps in when another individual, usually a friend or a family member, can't qualify for a loan or a certain amount on their own. 👯⁣
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This might be because they're young and haven't established a credit history, or because they've had financial difficulties in the past and still working on bringing up their credit score.⁣
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A cosigner can help a borrower get better loan terms than they might otherwise have been approved for. 💵⁣
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Having a cosigner can also help the borrower qualify for a higher loan amount. ⁣
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Got questions about how a co-signer works? Shoot me a dm or drop me a comment below! 💌⁣
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