If you cosign a loan,the creditor can collect this debt from you without first trying to collect from the borrower.
Correct Answer:
Verified
Q35: The debt-to-equity ratio is calculated by dividing
Q36: When you cosign a loan,you are being
Q37: With a revolving line of credit,borrowings are
Q38: A home equity loan is usually set
Q39: The credit cardholders who pay off their
Q41: If someone has stolen your identity,the Federal
Q42: The Fair Credit Billing Act has a
Q43: The Equal Credit Opportunity Act is very
Q44: When imposters take your name,they are committing
Q45: In the 5 Cs of credit,conditions refers
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents