Hey guys. A couple of years ago I cosigned on a car loan with my girlfriend. Due to the fact I have better credit I ended up being the primary person on the loan. She is paying the loan off while I'm getting the benefit on my credit and we would like to change that.
Little background - she has a bankruptcy from around seven years ago on her name. Her husband at the time declared bankruptcy and since they were married she got screwed over. Right now her credit score is sitting at around 700 and our loan is through Cap One.
My question is - what can we expect from this process? I know the interest rate will probably go up (right now shes at 2.94). But what about any fees, taxes, etc? Neither of us have had to go through this before so we're kind of flying blind. Is it a "go to the bank and talk to them" kind of situation or is there more involved?
EDIT: totally keeping the post title.
Submitted May 16, 2017 at 09:14AM by mrderp113 http://ift.tt/2rmetsj
