Thread Options
#1176070 - 05/05/09 05:48 PM Reg B Intent to Apply
help Offline
Junior Member
Joined: Sep 2006
Posts: 38
We received an application and on the application the daughter applies and the mother wants to be co-signer. On the application form they write "co-signer" in the area where the co-applicant info would be filled out so it is clear that the mother intended to be a co-signer, not a co-applicant. However, they both signed the "We intend to apply jointly" section of the application also. So my question is, does this violate Reg B if they sign intent to apply jointly but really meant to apply as borrower and co-signer?

Return to Top
Audit
#1176167 - 05/05/09 06:33 PM Re: Reg B Intent to Apply help
Georgia Plum
Unregistered

Isn't a co-signer technically applying for joint credit?

Return to Top

Moderator:  Andy_Z