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how do you actually remove your name from a cosign loan and here i'm speaking about car loans mortgages credit cards you name it to find out you want to stick around till the end of today's conversation [Music] so [Music] welcome back folks to another edition of the awesome sweetie kiwi show how are you today i hope you are doing fantastic i'm doing marvelous if you ever ask me if you are doing as great as i am go grab a cup of coffee or tea or vodka and let's roll in today's conversation i want to speak about a very uh important topic how to remove your name from a cold sign loan and by loan i'm speaking about car loans mortgages credit cards etc if you have decided that co-signing alone for a loved one was not a good idea you're probably experiencing what what experts called cosigner's regret remove removing your name from a cosine load would not be easy though this is very important and for some debts it may not even possible so co-signing a loan or credit card basically tells the bank that you are willing to make payments if the other person doesn't it also means the bank can pursue you for a payment even if the other person files for bankruptcy or dies before the debt is paid so you got to be very careful before co-signing a loan so by co-signing alone you assume responsibility for the debt just as if it was you were yours alone right so there are a lot of reasons why people go into uh co-signing alone in other words why they go going together on a loan maybe they're married and it's supposed to be a trend property anyway sometimes a parent or a friend co-signs a loan for someone else who is not able to get a car loan on their own either way even though you might start these relationships and loans with the best of motives guess what sometimes those intentions head south and this is just part of life things happen stuff happen you can't you can't fight it you just have to you just have to uh learn how to mitigate the risk here and when things goes out folks what happened you might be wondering how you can get out of that coastline or cold borrowed auto loan or credit card or mortgage right there are ways to do it but first it will depend on your circumstances more than anything else as a general rule lenders will not remove your name from a cosign debt unless the other person has demonstrated that he or she can handle the loan on his or her own and you never never never would have been asked to co-sign if the other borrower had shown this ability from the beginning so if things have changed since then the lander definitely will want proof they want evidence that the the primary...