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Home -› Education
-› Petersons Dictionary of Financial Aid Terms
-› COSIGNER
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COSIGNER
A second creditworthy party who signs a promissory note with a borrower who does not have collateral or good credit history. The second party guarantees that the loan will be repaid if the borrower fails to make payments.
See also: BUSINESS FARM SUPPLEMENT , FINANCIAL AID AWARD LETTER , SECONDARY MARKET , FAFSA (Free Application for Federal Student Aid) , CITIZENSHIP ELIGIBILITY FOR AID |
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Petersons Dictionary of Financial Aid Terms INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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