March 27, 2020
How do parents or guardians cosign a student loan for a student through LendKey?
After the borrower part of the application has been completed an email will be sent to the cosigner with a…
March 5, 2020
What information does a cosigner need to provide during the application process?
For the cosigner portion of the application, you will need to provide information such as your permanent address, social security…
March 5, 2020
How do I add a cosigner to a private student loan application through LendKey?
On the first page of the borrower application, there will be a question asking you if you would like to…
March 5, 2020
What responsibilities does a cosigner have on a private student loan?
The cosigner shares the same responsibilities as the borrower for the loan. This includes ensuring on-time monthly payments. That means…
March 5, 2020
Can a cosigner be released from a private student loan later?
Cosigner release is subject to lender approval. In order to qualify, the borrower, alone, must meet the following requirements: (1)…
March 5, 2020
Can I authorize someone else to access my LendKey student loan account?
Yes, on the last page of the borrower application there will be a section that will allow you to add…
March 5, 2020
Do I need a cosigner to qualify for a private student loan?
A cosigner is not required, but it may improve your chances of getting approved. Private student loans offered on LendKey’s…
March 5, 2020
Who is the best person to choose as a cosigner for a student loan?
Typically, your cosigner may be a parent, grandparent, guardian or other adult who is creditworthy and willing to assume legal…