Thinking of Co-Signing a Loan?

Think about this: three out of four co-signers end up paying the debt themselves.

http://www.stretcher.com/stories/16/16sep26e.cfm?STT0928

Co-signing isn’t just a recommendation or a personal reference. It’s a financial obligation.

Even the most conscientious person can lose their job or get sick, and then you’re stuck with either paying their debt or taking the hit on your own credit report.

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