primary borrower

A better alternative, she said, is a joint application with a parent as primary borrower.

But when it comes time to sign on the dotted line, they said, husbands step up three-quarters of the time to be the primary borrower.

You may, however, treat the primary borrower and the guarantor or endorser as joint account holders.

"I don't know of any state that has a law requiring the co-signer to be notified whenever the primary borrower is late," Ms. Detweiler said.

If you disclose information to nonaffiliated third parties outside of the exceptions in 313.13, 313.14, and 313.15, you must also provide the primary borrower and the guarantor/endorser with an opportunity to opt out.

Lawrence Rew, a lawyer in Pendleton, Ore., who filed the suit, says the primary borrower was the North Plains Land and Investment Company of Texas, now dissolved.

The Hong Kong Hopewell Ltd. and China Development (Highway) limited are the primary borrower of this mortgage and loaned to the Guangzhou-Shenzhen-Zhuhai Highway Limited under equivalent terms.

Sometimes secondary capital market transactions can have a negative effect on the primary borrowers - for example, if a large proportion of investors try to sell their bonds, this can push up the yields for future issues from the same entity.