Joint loan

beckstas-money

Hello,

is there a comparison site i can use to find joint loan probability rather than just based on individual?

thanks

CliveOfIndia

There's one here: https://www.finder.com/uk/joint-application-personal-loans  - there are probably others if you stick "Joint loans" into Google.

Although going to the lender's own eligibility checker will tend to give slight more accurate results.

You do need to remember that with a joint loan, each party can be held liable for the full amount.  So if your partner (by which I mean the other person on the loan account) skips the country, you're still liable for the full debt, not just half of it.

Also remember that a joint loan will create a financial link between you and the other party.  This may be an important consideration if one of you has a poor credit history and the other has a good history.