signed up for a personal loan as i knew…
signed up for a personal loan as i knew i needed a cosigner for a loan due to a late payment on my credit reports for my credit cards which was a mess i had to straighten out but was not told that if you had any neg like that i couldn't get a cosigner so after the 500 fee was paid they dropped that bomb not giving me an y guidance to how we could work this out.. big bucks for getting screwd and not able to enjoy it
By customerMAPetersen
Response from Wayne Cosigners LLC· Jul 13, 2026
Hi We're sorry to hear about your experience and understand the frustration. To clarify, most lenders initial review process is automated and pulls credit for both the borrower and cosigner. A lower credit score is usually fine to most lenders as long as a cosigner is in place but delinquencies or collections are seen as high-risk even with a cosigner and that can affect your ability to get approved for the loan. We do not assign cosigner to loans we cannot guarantee approval for. While we do not offer refunds, fees already paid can be applied toward our other services like student loans, auto loans, apartment leases and mortgages, where approval is most of the time based entirely on the cosigner's credit unlike personal loans and business loans, where the primary borrower's credit also factors into the decision. If you'd like to explore any of those options, please reach out to our support team at [email protected] and we'll be happy to assist. — Customer Support Team