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Lv 5
? asked in Education & ReferenceFinancial Aid · 4 years ago

Is this the saddest thing you have ever heard of? " Apply to release your cosighner." Is America sick?

https://www.salliemae.com/student-loans/manage-you...

Update:

My idea was that the government or banks use guilt to get debt paid for.

Update 2:

But I think we all know someone who did that now.

3 Answers

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  • Andrew
    4 years ago

    yes

  • Bill
    Lv 7
    4 years ago

    I don't know what you mean. You borrow money with a cosigner because your credit is not good enough to get a loan without one. If your financial situation changes so that you no longer need a cosigner, you fill out an application so the lender can verify that it's true.

  • Mark IX
    Lv 7
    4 years ago

    Why is that sad? You going to continue to suck on daddy's wallet for your entire life?

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