The creditor may allow you to have a co-signer
sign the finance contract with you in order to
make up for any deficiencies in your credit history.
A co-signer assumes equal responsibility for the
contract, and the account history will be reflected
on the co-signer’s credit history as well.
Always exercise caution if asked to co-sign for
someone else. It is risky especially since many
co-signers are eventually asked to repay the loan.
