How can I take a cosigner off of a car loan?

I got a cosigner for my car loan because I didn’t have much credit. But I’ve built up my score and would like to remove them. What’s the best way to remove a cosigner from a car loan?

Answer
​To take a cosigner off of a car loan, you should refinance the loan.
Refinancing essentially involves applying for a new loan. The only difference is, this time, you’ll be applying solo.
But it sounds like you’re in a great position to do this! If your credit score has improved, you may even qualify for better rates that can save you hundreds of dollars on your car loan.
The Jerry app will make the process quick and easy. Using information from your current loan and credit, Jerry will gather competitive rates from top lenders to ensure that you find the best deal.
Lauren Smith
Answered on Nov 22, 2021
Lauren has written for World Nomads, the Matador Network, Korvia Consulting, and once upon a time Three Fates Games. She graduated from Columbia College of Chicago with a BFA in Creative Writing. After graduating, she moved overseas and lived in South Korea where she spent her free time traveling and going on road trips with friends. She misses the rest stop potatoes and is trying to figure out how to recreate them at home. She's now based outside of Chicago and when she's not writing she spends her free time reading, playing video games, and exploring whenever she can.
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