What are your responsibilities if you cosign a loan

Reference no: EM131306101

1. Payday Loan. Explain the difference between a 10% rate charged on a payday loan and a 10% rate charged by a bank on a personal loan.

2. Cosigning a Loan. What are your responsibilities if you cosign a loan? What are the potential consequences of failing to live up to your responsibilities as a cosigner?

Reference no: EM131306101

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