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A co-signer takes on all the rights and responsibilities of a loan along with the borrower. This means that if the borrower can’t make a payment on the loan, the co-signer is responsible. If you ...
Cosigning on a loan can help your child or loved one qualify for more favorable rates and terms than they could on their own, helping them with necessary purchases or to save on high-interest debt ...
Learn whether the co-signer can refinance an auto loan, including terms, requirements, and potential refinancing options available for borrowers.
Learn when co-signing for a car is a good financial idea and when you should avoid the risk that comes with co-signing a friend or family member's auto loan.
A co-signed auto loan is when you still carry the full responsibility of the monthly payments but have someone else backing your loan. But unlike a co-borrower, the co-signer has no legal ownership.
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