Great job getting your finances in order! Unfortunately, you usually can’t remove cosigners from your loan. However, you may be able to remove your father from the loan if your agreement includes a cosigner release clause.
Some lenders will include a brief clause in your agreement that allows you to remove cosigners. Since some loan agreements won’t include such clauses, contact your lender and ask about their policies on cosigners. If you can’t remove him from your car loan, you could also try refinancing.
Since refinancing involves taking out a new loan with different conditions, it isn’t exactly taking someone off your loan. However, you can apply for the new loan without a cosigner, and you could get better terms and a lower interest rate. If you still don’t have stellar credit, wait for your score to improve before you refinance—so you can get a better loan.
For help finding a lender to refinance, try the Jerry
app. A licensed broker, the Jerry app can help you find and compare lenders that best suit your needs. That way, you can make an informed decision before settling on a new loan.