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It can no longer get credit

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16y ago

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What are the cosigner's options if the primary defaults on the loan and leaves the country?

To pay the loan.


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The creditor wil try to get the debt from the cosigner as well.


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What happens if your niece defaults on a loan you have cosigned?

you have to pay the amount. You co signed so it ruins your credit. take her to judge judy to get your money!


If you are the co-signer and the primary defaults what happens if you do not pay the loan back either?

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