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    seattlemiss's Avatar
    seattlemiss Posts: 13, Reputation: 2
    New Member
    		  
    #1

    Apr 21, 2009, 10:44 AM
    Parents will co sign loan but they are in the UK
    Hi

    My parents have offered to cosign for my car loan the problem being is they are in England and I'm in the USA, can they still do that, or will it be a problem because they are in another country
    Tried getting a loan on my own its not that I have bad credit it's the fact I have NO credit, and so can't get a loan until I can show 6 months of credit history, how am I supposed to do this if no one will give me credit in the first place.

    So anyone know the answer can my parents cosign from another country
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Apr 21, 2009, 10:55 AM

    No, they cannot - if you default the creditor cannot get jurisdiction over them.
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