Overview
Many borrowers ask if they can apply for a loan with a cosigner or co-borrower to improve their chances of approval or secure better terms. Currently, our loan products do not support cosigners or co-borrowers, but here’s what you need to know.
Do You Allow Cosigners or Co-Borrowers?
- Personal Loans and Relief Loans: No, applications are based on individual credit and income only.
Why Are Cosigners & Co-Borrowers Not Supported?
At this time, our loan application process is designed to evaluate individual financial profiles rather than relying on a secondary applicant. This ensures:
✔ A streamlined application process
✔ Clear loan responsibility assigned to one borrower
✔ Loan approvals based solely on individual creditworthiness
What If I Need a Loan But Don’t Qualify on My Own?
If you are not eligible for a loan right now, here are some steps you can take to improve your chances in the future:
- Improve Your Credit Score – Paying down existing debt and making on-time payments can help.
- Increase Your Income – Additional income sources may help meet qualification requirements.
- Check Your Eligibility Again – Loan requirements may change over time, and reapplying in the future could yield a different outcome.
Final Thoughts
While cosigners and co-borrowers are not currently supported, if you’re looking to strengthen your eligibility, consider improving your credit score or income before reapplying.
