Is Co-signing Right for You?

We have heard of someone needing a co-signer to get approved for a loan, but let’s take a look at what it means to be a co-signer.  A co-signer is someone who signs with a primary borrower in order to guarantee payment.   In essence, if the primary borrower fails to pay, the co-signer is agreeing that they will make the payment as originally agreed with the creditor.

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