Consolidation on a co-signor loan
Date: Fri, 01/27/2006 - 14:30
If I have a loan with a co-signer can it be put into consolidation?
You can still take a consolidation program for the loan on which
You can still take a consolidation program for the loan on which you have a co-signor. Since the co-signor will also sign the promissory note to back up the payment, collection activities will be pursued on if you fail to fulfill the repayment obligations.
Otherwise, the consolidation program will work in the same way on this loan as it works on any other unsecured debts.
