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Is a person who is 65-years-old and retired responsible for paying a loan they co-signed for if the owner defaults?
Wiki User
∙ 16y ago
Yes - unfortunately when you cosign a loan - you cosigned a loan and if the owner defaults you are still responsible no matter how old you are. You could check with the lenders but wait until they contact you.
Wiki User
∙ 16y ago
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