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Hopefully this person is responsible with paying their debts ontime, or paying them period. If so, then you should be ok. Once they no longer make their payments, then you will be responsible for this debt. My suggestion is after 4 to 6 months from becoming a co-signer on an account, call the creditor or lender and request for your name to be removed from the account as a "Co-signer". Some creditors or lenders will allow this, and it will not affect the primary borrower.

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Q: If you co sign for some one how will it effect your credit?
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