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Can a cobuyer refinance a auto loan and remove the buyer from loan?

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Wiki User
2007-02-09 06:38:55

Buy cobuyer I wonder if you mean cosigner on a loan. If this is

the case then the answer is no. As a cosigner you are simply

agreeing to pay the loan if the person who took it out does not. It

is in his or her name and you are responsible for it if they do not

pay it.

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