How do I add a co-signor to the pre-qualification form?

SuperMoney now supports the ability to include a co-borrower during the personal loan application process.

When filling out the application, you’ll have the option to add a co-borrower. This allows both individuals' incomes and credit profiles to be considered, which may improve your chances of qualifying for better loan terms or a higher loan amount.

What’s the Difference Between a Co-Borrower and a Co-Signer?

• Co-Borrower: A co-borrower applies jointly with you and shares equal responsibility for repaying the loan. Both credit profiles are used to determine eligibility, and both names appear on the loan.
• Co-Signer: A co-signer guarantees the loan but does not receive the funds or share ownership. This type of application is not currently supported through SuperMoney’s prequalification form. If you need a co-signer rather than a co-borrower, you’ll need to apply directly with a lender that accepts co-signed applications.

Things to Know About Applying with a Co-Borrower

• Joint responsibility: Both applicants are legally responsible for the loan repayment.
• Combined qualifications: Lenders consider both incomes and credit histories when reviewing the application.
• Better terms possible: Having a strong co-borrower may help you qualify for a lower interest rate or a larger loan amount.

If you're ready to get started, visit our personal loan comparison page to explore your options.

Still have questions? Contact our support team—we’re here to help.