My husband is buying a car, and while he has a great, steady job, he only recently acquired a credit card so he almost has no credit. Since this is his first loan, they need him to have a cosigner. Unfortunately his parents just bought a new house and are paying for 2 car loans right now while my parents are paying for a car, camper and shop, so the chances of them being allowed to cosign for him are slim. I have excellent credit, and am currently paying for a student loan and house mortgage through my savings and maternity pay. Will I be able to cosign for him while on maternity leave even though my only current income is maternity pay?
Read more: Can you cosign a car loan while on Maternity leave?
