The pros and cons of co-signing a student loan

Source: Erica Lamberg - Forbes

Deciding whether or not to be a co-signer on a student loan requires careful consideration. After all, you are legally obligated for your student’s debt if he or she cannot pay it. Before you decide whether co-signing is right for you, be sure to understand the risks you’ll encounter when you sign on the dotted line of a loan application.

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