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Old 10-12-2009, 07:29 PM   #74033
jrboyd_1980
A ***'s Headache
 
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Drives: Everything
Join Date: Aug 2009
Location: Texas
Posts: 2,167
Quote:
Originally Posted by Coldpants View Post
A cosigner is not a joint account. They do not even have to notify u of missed payments and can try to collect form the secondary before they try the primary. Being a cosigner can only negatively effect your credit. Just being on the loan increases you debt ratio and can lower your score.
I can feel my braincells comitting suicide, as I keep trying to explain to this guy...
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