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Difference between revisions of "Co-Signing or Guaranteeing a Loan"
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Co-Signing or Guaranteeing a Loan (view source)
Revision as of 17:46, 19 December 2014
, 17:46, 19 December 2014→Before you co-sign or guarantee a loan, read the document carefully
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*Why does the lender require a co-signer or guarantor? | *Why does the lender require a co-signer or guarantor? | ||
How high is the risk that the borrower will have trouble and you’ll have to pay the loan? | *How high is the risk that the borrower will have trouble and you’ll have to pay the loan? | ||
*What will happen if you don't sign? | *What will happen if you don't sign? | ||
*Most importantly, can you afford to pay off the loan if the borrower can’t? | *Most importantly, can you afford to pay off the loan if the borrower can’t? | ||
