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You lost your job and you want to return your car but somebody co-sign for it. what will you do?
Wiki User
∙ 13y ago
A voluntary surrender is the honorable action if you have lost your ability to pay your note. You might want to contact the cosigner and discuss other options before doing this though. Any repossession or delinquency on the loan will adversely affect the cosigner's credit rating same as yours, the primary.
Wiki User
∙ 13y ago
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