menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 4
  4. Exam
    Exam 6: Introduction to Consumer Credit
  5. Question
    If You Cosign and the Debt Is Not Paid Off
Solved

If You Cosign and the Debt Is Not Paid Off

Question 55

Question 55

True/False

If you cosign and the debt is not paid off, that fact does not become a part of your credit record.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Michael Flowers believes that his credit card

Q52: Dave's take-home-pay per month is $2,200. What

Q56: Credit bureaus obtain data from which of

Q60: A good example of open-end credit is:<br>A)

Q71: Which of the following is most likely

Q74: A term that refers to the borrower's

Q112: A home equity loan is based on

Q115: In the 5 Cs of credit,collateral is

Q118: In the 5 Cs of credit,capital refers

Q167: In addition to department stores,where else is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines