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Old 10-12-2009, 08:22 PM   #31
Coldpants
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Drives: #000000 & #FF8000 2010 Camaro
Join Date: Aug 2009
Location: (elba), ct
Posts: 806
A cosigner is not a joint account. They do not even have to notify u of missed payments and can try to collect form the secondary before they try the primary. Being a cosigner can only negatively effect your credit. Just being on the loan increases you debt ratio and can lower your score.
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