What's the easiest way to remove a cosigner from a car loan?

I want to remove a cosigner from a car loan, but I'm not sure how to go about it. What's the easiest way?

Answer
The easiest way to remove a cosigner from your car loan is to get your cosigner to sign a cosigner release form. Most lenders provide these forms and will let you remove a cosigner, especially if your financial situation and credit have improved.
Alternatively, you can remove a cosigner by:
  • Selling your car
  • Paying off the loan in its entirety
  • Refinancing the vehicle
Regardless of which method you choose, you may also want to take the time to look at your car insurance while you’re at it. The easiest way to do this is through the Jerry app—we’ll get you personalized quotes from top insurers in seconds, so all you need to do is choose the plan that works best for you!
Best of luck with removing your cosigner!
Eric Schad
Answered on Oct 19, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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