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If you owe 250000 in student loans will you be approved to cosign a student loan for someone else?


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Answered 2011-09-12 22:06:58

In all liklihood not, and why would you? If that person defaults in any way, you then become responsible for not only your own debt, but theirs as well.

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If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?

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