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How do I get removed as a cosigner on a student loan

Portland, OR |

daughter is now employed and has asequate income to pay loan - plus she has credit card(s) and an auto lease

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Attorney answers 2

Posted

Your daughter would have to refinance it.

Posted

No lender is likely to take your name off a loan that you co-signed. The only way to get your name off the loan is to pay the loan off in full.

Your daughter could try to consolidate all her student loans together into one loan through the Department of Education's direct loan program. If the student loans are consolidated, the loan that you co-signed will get paid off in the process. As long as you do not co-sign the consolidation loan, you will not be responsible any more.

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