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Is there any protection for cosigners?

Updated: 8/16/2019
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17y ago

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Not really unless you have a signed contract and are willing to sue them. Even then If they screw up on the payments your credit rating will go down. If they completely default your credit rating would go down and you might end up having to pay the entire loan ammount.

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17y ago
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Q: Is there any protection for cosigners?
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