---
id: faq-0010
title: "What if I have a co-signer-how does that affect my loan?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.boballenmotormall.com"
tags: ["financing", "co-signer", "approval"]
questions:
  - "Can I have a co-signer on my car loan?"
  - "Does a co-signer help me get approved?"
  - "How does a co-signer work?"
related: [financing-options, bad-credit-financing, loan-approval]
dealer: Bob Allen Motor Mall
---

A co-signer is someone (often a family member or close friend) who signs the loan alongside you and agrees to be responsible if you don't make payments. Having a co-signer can improve your approval odds and may help you qualify for a better interest rate, especially if your credit is limited or your income is lower.

The co-signer's credit and income are considered, and they're legally obligated to pay if you don't. It's a big commitment, so it's important both of you understand the responsibility.

If you're thinking about adding a co-signer, our Finance team can explain how it affects your application and what to expect. Call **(877) 331-4442** to discuss whether a co-signer makes sense for your situation. We're here to help you find the strongest path to approval.