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I have learned quite a few important things as a result of your post. I will also like to say that there might be situation where you will have a loan and don't need a cosigner such as a Fed Student Aid Loan. When you are getting a borrowing arrangement through a classic bank then you need to be made ready to have a cosigner ready to assist you to. The lenders will certainly base any decision on a few factors but the most important will be your credit rating. There are some creditors that will furthermore look at your work history and decide based on that but in many instances it will be based on on your rating.