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Can I add my husband to my car loan?

I recently got married, and I want to help my husband build his credit. Can I add him to my car loan to help him do this?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on the next step in your life! How exciting!
It’s definitely possible to help your husband build credit through a
car loan
. However, you won’t be able to add him as a co-borrower on an existing loan. You’ll need to refinance your loan instead.
Before you refinance, though, you’ll want to shop around for car loan quotes. If your husband’s credit is poor, this may cause your APR to increase—meaning you may want to find alternative ways to rebuild your husband’s credit. If you can find a rate that’s advantageous, though, refinancing makes sense!
If your APR is higher than you expect but you still want to refinance, one way to save money in another area is to add your husband to your car insurance—life events like marriage can actually decrease your rate!
The easiest way to find the best rate for you is through the
Jerry
app—we’ll get you customized quotes from top providers instantly so that all you need to do is choose the deal that works best for you! (And once you choose one, we’ll even help you switch!)
Best of luck with the loan, and enjoy married life!
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