This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
TCT FCU TCT FCU Go to main content
FAQs
Share Secured Loan

FAQs

Home > Borrow > Other Loans > Share Secured Loan

Is it a good idea to cosign a loan?

By cosigning, you lend your name and good credit history to the borrower. Should the borrower fail to make payments, all responsibility for meeting the terms of the loan transfers to you, the cosigner.  The loan appears on both the borrower’s and cosigner's credit reports and may affect your ability to qualify for another loan.

This answer has been viewed 15791 times.



Related Questions
Go to main navigation
Allpoint

Allpoint logo

TCT has partnered with Allpoint, the nation's largest ATM network to bring you over 55,000 surcharge-free ATMs.

LOCATE AN ATM

 

Personal Loan Sale

HAVE QUESTIONS

Want to learn more about our loans? Let's connect!

SEND A MESSAGE     STOP BY A BRANCH     GIVE US A CALL

E-NEWS

Get the latest articles and announcements in your inbox
Sign Up