@Anonymous wrote:Can a co-signer of a student loan be removed if the recipient continues to fall behind? The late or non payments are affecting the co-signers credit. Anyone.
No. When you co-sign for someone & they default, you are not only stuck with the bad history, you are liable for the balance.
They needed a co-signer because they are not responsible enough to get the loan themself. The bank needs collateral, which IS the co-signer.
