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  2. A co-signer is a person who guarantees the debt of another individual. They are equally responsible for the debt, and must pay if the borrower does not make payments or defaults on the loan .

  3. Should you use a cosigner to get a loan? The pros and cons - AOL

    www.aol.com/finance/cosigner-loan-pros-cons...

    A cosigner can help you qualify for a loan, but there are risks including impacting the cosigner’s credit score or finances.

  4. Should you cosign a loan for your child or a loved one? A ...

    www.aol.com/finance/pros-cons-cosigning-loan...

    A cosigner can also improve your chances for lower loan rates and better terms than your original loan. If your original loan also had a cosigner, you can ask if that person is willing to cosign ...

  5. What documentation is required for personal loans? - AOL

    www.aol.com/finance/documentation-required...

    What do I need to apply for a personal loan? ... Get a co-signer. A co-signer — usually a family member or friend — also assumes legal responsibility for your loan by signing on when you apply.

  6. Loan guarantee - Wikipedia

    en.wikipedia.org/wiki/Loan_guarantee

    The term can be used to refer to a government promising to take on a private debt obligation if the borrower defaults.Most loan guarantee programs are established to correct perceived market failures by which small borrowers, regardless of creditworthiness, lack access to the credit resources available to large borrowers.

  7. Cosign: Definition, Benefits and Risks - AOL

    www.aol.com/cosign-definition-benefits-risks...

    Cosigning a loan for a family member or friend can put a person's credit score and overall financial position in jeopardy. Before cosigning a loan, it's important to know the benefits and risks.

  8. How to Get Personal Loans for Bad Credit With a Cosigner or ...

    www.aol.com/personal-loans-bad-credit-cosigner...

    If you need personal loans for bad credit, it might be because you mishandled debt repayment in the past. So while it’s easier to get a loan with a cosigner, that doesn’t automatically mean it ...

  9. How Do I Release a Student Loan Co-Signer? - AOL

    www.aol.com/finance/release-student-loan-co...

    Getting a student loan can be complicated, and one way to improve your odds is to get a co-signer (or guarantor). Many borrowers resort to this option for a variety of reasons -- for instance, some...

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