What's involved in being a co-signer?

Answers:0   |   LastUpdateAt:2012-08-19 13:44:02  

Asked at 2012-08-19 13:44:02
The sister of my best friend's baby wants to obtain a line of credit for college student , and asked my best friend to be the co -signer . We want to know : MedlinePlus MedlinePlus 1) What are the responsibilities of my BFF as a co -signer MedlinePlus 2) What does it take for it to be approved / accepted by the bank of his sister as a co -signer MedlinePlus 3) What does it mean for the credit history of my best friend / score / record to be a co -signer MedlinePlus 4) What about BFF in the event that you can not afford baby sis when supposedly MedlinePlus 5) And anything else involved with being a co -signer that we have not covered yet. MedlinePlus MedlinePlus BFF has a steady job , but very little credit history - despite having a secured credit card a month ago . She has never been in debt , never had to borrow money , never carried out a bank loan / student loans , etc
MedlinePlus Serious answers please . And I absolutely will choose best answer , if you really want it.

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