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  • Sallie Mae Cosigner Release Form Pdf

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Sallie Mae Cosigner Release Application Downloaded from SallieMae.com Thank you for inquiring about our cosigner release process. This application allows you to apply for the release of your cosigner.

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Submit a signed and fully completed application. Meet the age of majority requirements in your state of residence.

You may apply to release your cosigner from an open and active loan after you graduate, make 12 on-time principal and interest payments, and meet certain credit requirements. Only the borrower may apply for cosigner release.

Ask for a co-signer release. ... [See: 7 Signs Your Romantic Partner Is Financially Unstable.] Refinance or consolidate. ... [Read: 10 Easy Ways to Pay Off Debt.] Sell off the asset. ... Transfer the debt to a new credit card.

You must apply with a cosigner if you are a foreign resident or do not meet the age of majority (18 in most states). If you do not qualify for the loan on your own, you may reapply with a creditworthy cosigner. A parent, grandparent or anyone else who has established a good credit history may be a suitable cosigner.

Your best option to get your name off a large cosigned loan is to have the person who's using the money refinance the loan without your name on the new loan. Another option is to help the borrower improve their credit history. You can ask the person using the money to make extra payments to pay off the loan faster.

Submit a signed and fully completed application. Meet the age of majority requirements in your state of residence.

Ask for a co-signer release. ... [See: 7 Signs Your Romantic Partner Is Financially Unstable.] Refinance or consolidate. ... [Read: 10 Easy Ways to Pay Off Debt.] Sell off the asset. ... Transfer the debt to a new credit card.

Discover originated loans do not provide an option for cosigner release. Cosigners are responsible for the life of the loan. If you are a cosigner on a loan purchased and serviced by Discover, find out more information about cosigner release.

Generally, as the student loan cosigner, you are equally liable and responsible for repaying the debt that you cosigned. The lender usually won't turn to you for repayment unless the primary borrower starts missing payments.

You can get the application by calling Wells Fargo at 1-800-658-3567. If you didn't make the first payment in full and on-time, then you have to make 48 consecutive monthly payments in full and on time before you can apply to be released from as a cosigner from the student debt.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232