Debt Elimination: Advice, Hints, and TipsUseful Information about Debt Elimination |
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Cosigning a loan is serious business. Some studies show that three out of four cosigners of finance company loans are asked to repay the loan. When you are asked to cosign, you are being asked to take a risk that a professional lender will not take. Think about it. The lender would not need a cosigner if the borrower were a good risk.
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