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2007-10-17 12:41:47 · 1 answers · asked by Anonymous in Travel United States Other - United States

1 answers

This should be re phrased....if you are asking what is a co-signer....that means that someone with good credit has to sign a contract with you to get the loan, or new car, etc. The ultimate one responsible for the debt is the co-signer...SO THIS IS A BAD DEAL FOR THE CO-SIGNER....If the first person BAILS the co-signer has to pay....

2007-10-17 12:51:55 · answer #1 · answered by Toffy 6 · 1 1

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