Definition of «loan cosigners»

"Loan cosigners" refers to individuals who agree to take responsibility for repaying a loan if the primary borrower fails to do so. They act as a backup or guarantee for the lender, ensuring the loan is repaid even if the borrower cannot fulfill their obligation.

Sentences with «loan cosigners»

If you have a cosigner for your private loans, here are some steps to get started with student loan cosigner release. (studentloanhero.com)
If you are in default on the private loans the cosigner is involved and it will negatively impact their credit. (getoutofdebt.org)
Technically you can get almost anyone to become your student loan cosigner. (studentloans.net)
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