Multiple Choice
If you cosign a loan,
A) you are not being asked to guarantee the debt.
B) it is not your legal responsibility to pay the debt.
C) you'll have to pay up to the full amount of the debt if the borrower does not pay.
D) the creditor must first try to collect from the borrower.
E) the creditor cannot garnish your wages.
Correct Answer:
Verified
Correct Answer:
Verified
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