co-borrower

Avoid at all costs being co-borrower, particularly when it's something you don't own or use.

First year student teachers are usually able to borrow with the support of a co-borrower.

Don't rely on your co-borrower to tell you about the loan.

With high interest rates the burden of borrowing money is too much for the co-borrower.

Does having a co-borrower improve my chances of finding a loan?

And the co-borrower must provide a statement of intent to find employment in the new location.

Could you afford to pay the loan if the co-borrower disappeared or became ill?

Julie Coffey is a co-borrower on the latest line of credit.

Co-borrower previous address Only complete with old address if you have moved in the last two years.

How long has the co-borrower had this position?

Many traditional private education loans require a co-borrower.

In some cases, this means your co-borrower can just take your savings that you had put into the loan account.

If the co-borrower is living with you or you are married you should also get family law advice.

If either you or the co-borrower became unemployed, how long would you be able to make your mortgage payments?

As a co-borrower, you may find yourself solely responsible for a debt from which you have received no benefit.

Co-borrower wife with no English or income "constructive suretyship".

Buyers who present a risk to the finance company may require a co-borrower or a guarantor before credit approval is given.

Consider not using redraw or line of credit loans if you have any concerns about your co-borrower accessing funds.

A co-signer is a co-borrower, equally obligated to repay the debt.

Fact: A family law property settlement will not stop a lender from taking you to court for a loan if you are a co-borrower.

If you have an agreement with the co-borrower it is up to you to get any money you pay to the lender off him/her.

If you are not going to get anything out of the loan then you should think seriously about not signing as a co-borrower.

You could attempt to obtain additional credit or another mortgage with someone else as a co-borrower or co-guarantor.

Do you have a co-borrower?

Co-Borrower A person who borrows jointly with another.