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Co-Signer Question

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Susyflower
New Contributor

Co-Signer Question

Does anybody know if certain student loan companies will allow a co-signer's name to be taken off of a loan if the borrower has had a certain time frame of on time payments, say 24 months of consecutive never late payments?  I swear I saw that one of the private loan companies that I borrowed through allowed that.  Unfortunately the company that I have a co-signer on was not the company that saw advertise this.
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1 REPLY 1
LynnInMN
Frequent Contributor

Re: Co-Signer Question

Several private loan companies did  or do offer this perk.  You would really want to check the terms of your prom note.
Ex-Financial Aid Officer

Ex-Student Loan Collector
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