Should I Cosign a Student Loan?
If you're considering cosigning a student loan, you need to understand exactly what that means. Many undergraduate students need a cosigner for their student loans. Having a cosigner may provide some savings benefits to the student, but cosigners should be fully aware of what they are agreeing to, and how much money they are borrowing. In this video, Edvisors' in-house student loan expert, Elaine Rubin dishes the facts on cosigning a student loan, and what you need to know before you commit.
00:49 What does it mean to be a cosigner?
01:47 Undergraduate students and cosigners
02:20 What to know if you've been asked to cosign
04:20 How cosigning a loan may affect your financial future
05:46 How does cosigner release work?
07:48 Refinancing a student loan to remove a cosigner
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