Business, Legal & Accounting Glossary
A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.
one of two or more signers of the same document (as a treaty or declaration)
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This glossary post was last updated: 22nd April, 2020 | 3 Views.