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QUESTION

Can you use a co-signer when applying for a loan through LendingTree?

ANSWER

20

Certainly, one can typically use a co-signer when applying for a loan through LendingTree. Co-signers are individuals who agree to take on the responsibility of the loan if the primary borrower fails to make payments. LendingTree is an online loan marketplace that connects borrowers with multiple lenders, allowing them to find competitive loan terms and rates. By adding a co-signer who has a stronger credit profile or higher income, the applicant may improve their chances of being approved and possibly secure more favorable loan terms. This is because a co-signer provides additional assurance to lenders that the loan will be repaid, thereby reducing the risk associated with lending.


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04.18.2024
DOES LENDINGTREE ALLOW CO SIGNERS
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