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what did you learn?question 7 of 9what is the correct definition of character for potential cosigners?○ the cosigners current financial situation○ the cosigners past record of paying on time○ the cosigners financial assets, such as a house or car○ the cosigners current bank balance
In credit and finance, a cosigner's "character" refers to their demonstrated history of responsible credit behavior, specifically their track record of making payments on time. This reflects their reliability to fulfill debt obligations.
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○ The cosigner's past record of paying on time