Say Goodbye to Student Loans With Cosigner Release
The process for cosigner release typically involves several steps:
- Review your loan agreement to understand the specific requirements for cosigner release.
- Ensure you meet the payment history, income, and credit score criteria set by your lender.
- Gather necessary documentation, such as proof of income, employment verification, and credit reports.
- Submit a cosigner release application to your lender, providing all required documentation.
- Await the lender's decision, which may take several weeks depending on their processing time.
If approved, the lender will remove the cosigner from the loan, and you will assume full responsibility for any remaining balance.