What is a cosigner? Here’s why you should apply with one #Shorts

If you’re thinking about getting a private student loan, consider applying
with a cosigner—here’s what that means.

🤝 A cosigner is a second person with a good credit history who signs onto
the student loan with you. This can help increase the odds of you getting
approved for the loan—it can help get you a lower interest rate, too.

👤 A cosigner doesn’t have to be a parent! They can be a family member, a
significant other, a friend—anybody! As long as their credit is in good
standing, they’ll be a great choice.

🔏 You and your cosigner are equally responsible to pay back your loan. If
you can’t make a payment, they’ll be expected to pay. Both of your credit
histories can be impacted if you miss payments—make sure your cosigner
knows this!

Pixels+ is the go-to spot for college students to get byte-sized tips and
tricks on getting through school. Need help with the financial aid process?
Ready to apply for scholarships? Wanna know how to save some money
here and there? Pixels+ has all the info you’re looking for.

Start smart. Learn big.

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