Saturday, March 31, 2012

Cosigning a Loan or Asking Someone To?

Arm yourself with knowledge before hindsight leads you into saying could a, should a, would a, but didn't. Statistically, there is a 50% to 75% chance you will be repaying the loan you cosigned yourself. Trust, understanding all the variables accompanied by clear communication is a great way to start off your new relationship as consignee and cosigner of the loan.

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