- In order to apply for an unsecured cosigner loan, each person has to complete and submit a separate application
- Minimum unsecured cosigner loan principal is $100
- Maximum unsecured cosigner loan principal is $25,000
- Maximum unsecured cosigner loan duration is 60 months (5 years)
- Unsecured cosigner loans with a principal of $500 or less can have a duration no longer than 12 months (1 year)
- Unsecured cosigner loans with a principal of $1000 or less can have a duration no longer than 24 months (2 years)
- Cosigner must be in equal or greater financial position than the maker
- Maker should be able to repay the loan balance independent of the cosigner
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