USA Best Undergraduate Student Loans Online

Jimreal05 Dec, 2024Finance

They act as a safety net for lenders, guaranteeing repayment of the debt if the primary borrower is unable to meet their obligations. Often, cosigners are parents, spouses, siblings or friends who have established credit and stable incomes. A cosigner assumes the same legal responsibility as the borrower, and must meet all of the same criteria for the Undergraduate Student Loan to be approved, including a high credit score, steady employment and verifiable income.