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Co-signerA co-signer is a person who signs an agreement to pay off a loan for someone else if that someone else defaults. Co-signing is a technique often used among family and friends to allow a person with good credit to vouch for a person with new credit or bad credit to get a loan. The presence of a co-signer makes lenders more willing to approve loans f [..]
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Co-signera person that signs a credit application with another person, agreeing to be equally responsible for the repayment of the loan.
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Co-signerThis individual agrees to make payments if the primary borrower defaults. Co-signers are often used when a borrower doesn’t have the credit standing to borrow alone.
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Co-signerA person that signs a credit application along with the purchaser, agreeing to be equally responsible for the repayment of the loan.
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Co-signerSomeone who is willing to sign a mortgage loan obligation with the primary signer to become responsible for the obligation if the primary signer defaults on loan. Normally, the cosigner is required to [..]
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Co-signerOne who is obligated to repay a mortgage loan should the borrower default but who does not share ownership in the property. See also: co-mortgagor.
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Co-signerSometimes referred to as a co-buyer, a co-signer is someone who, along with the loan applicant, signs off on the auto loan agreement in order to help the applicant obtain financing. If the main applic [..]
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Co-signerSomeone who signs a loan with the borrower and promises to assume the responsibility of repaying the debt in the event that the borrower does not repay it
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Co-signerA co-signer, or cosigner, is one who agrees to take responsibility for a debt if the borrower defaults. A loan applicant who does not qualify for a loan may be able to obtain financing anyway if he ca [..]
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Co-signersomeone who signs on a loan as a guarantor for the primary borrower to the application
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Co-signer Any individual who will assume responsibility on the loan, but who will not take a title interest in the property nor occupy the property.
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Co-signerA person who assumes joint responsibility with the primary borrower for repaying a loan. Federal student loans do not require a co-signer, but many private/alternative loans do. Getting a co-signer with good credit might help a borrower improve the terms of a private loan.
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Co-signerThe need for a co-signer varies by type of loan and lender. You may benefit from a creditworthy co-signer if you do not meet the minimum credit criteria. Having a co-signer may increase your chances t [..]
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Co-signerAn individual who agrees to pay the amount due and to perform all the agreements stated on a loan or contract if the buyer fails to meet contractual obligations.
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Co-signer(or co-buyer) - Another person who signs your loan and assumes equal responsibility for it.
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Co-signerAn individual who signs for another person and is considered responsible for the loan if the primary signer fails to fulfill his or her obligation.
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Co-signerIf a Sponsor is unable to demonstrate the financial ability to provide for the essential needs of the Sponsored Person(s) under the Family Sponsorship category, then his or her spouse, common-law part [..]
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Co-signerAn individual or party who agrees to assume a debt obligation of a third party in the event the principal borrower defaults on the terms of the loan.
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Co-signerSigner other than the borrower, who assumes responsibility for the loan if the borrower fails to repay it.
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Co-signerSomeone who signs a credit agreement along with the borrower who does not receive goods, services or money in return for the obligation. The co-signer is legally obligated to assume responsibility for loan repayment if the borrower doesn’t.
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Co-signerThe person who signs on a credit agreement in addition to the primary applicant. This person is legally responsible for repayment of the debt.
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Co-signerAn individual who signs the note of another person as support for the credit of the primary signer and who becomes responsible for the obligation. (Also known as a Co-maker.)
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Co-signerA parent or guardian who co-signs a loan application and agrees to be responsible for paying back the loan if the student is unable to.
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Co-signerMany private loans require a prospective borrower obtain a creditworthy co-signer. A co-signer executes a promissory note in tandem with the primary borrower of the loan and assumes all obligations un [..]
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Co-signerIndividual who assumes responsibility for a loan if the borrow fails to repay. Student are typically required to have a co-signer when they are applying for a student loan (non-federal loans) from a b [..]
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Co-signerAn individual who, by signed a loan promissory note along with the borrower, becomes equally responsible for the loan debt.
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Co-signerCo-signers are just what the name implies. They co-sign a loan. If the first borrower on a loan defaults, the co-signer (in most cases) is responsible for repayment on that loan.
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Co-signerA person who signs a promissory note along with the borrower. A co-maker's signature helps to assure that the loan will be repaid. The borrower and the co-maker are jointly responsible for the repayment of the loan.
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Co-signerSee Guarantor.
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