what is co - signing?\no sharing responsibility for a debt with another person\no allowing someone else to…

what is co - signing?\no sharing responsibility for a debt with another person\no allowing someone else to be completely responsible for your debt\no requesting multiple credit histories\no opening two lines of credit at the same time

what is co - signing?\no sharing responsibility for a debt with another person\no allowing someone else to be completely responsible for your debt\no requesting multiple credit histories\no opening two lines of credit at the same time

Answer

Brief Explanations:

Co - signing is when a person agrees to share the legal and financial responsibility for a debt with another individual. If the primary borrower defaults, the co - signer is liable to pay the debt.

Answer:

sharing responsibility for a debt with another person