Co-sign a Citibank Student Loan and you will be paving a wonderful future for a loved one. The student loan products available with Citi bank are helpful for international students who cannot get any other federal loan. If the international student is above 18 years of age then with the help of a co-signer he/she can avail a Citi bank student loan for college or university.
Before you Co-sign a Citibank Student Loan, be sure that the student you are signing for is worth the trouble you are taking. Co-signing a Citibank Student Loan is not going to affect your credit history or credit score. It is just an assurance the bank takes from you that the student is credit worthy or under extraneous circumstances the loan amount may be recovered from you.
If the student has already got a federal loan then there is no fear to Co-sign a Citibank Student Loan. Only be clear about what you are signing and for whom. You can Co-sign a Citibank Student Loan online itself. Once you have Co-signed a Citibank Student Loan you can co- sign other loans as well. This doesn’t stop you from co-signing for others. Your credit history should be good and you should be above the age of 18 without any bankruptcy or court judgments on your credit report. All in all a co-signer should have a blemish less record of credit.
Before you Co-sign a Citibank Student Loan you should keep the social security number of the student along with Customer ID or Application Number. This is for your reference. You can sign for anybody as far as you know the student well. Also make sure that the student has an application in progress in a college or university. As a co-signer you may have to give personal information about your place of residence and employment and so on.