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Posts Tagged "loans"

What happens if I ask someone to co-sign a loan and then cannot make the payments?

There are many reasons someone may require a co-signer for a loan, if you have a poor credit, or maybe you are a college student with very little credit, or you are on the border of qualifying on your own…

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What Happens When You Default On A Loan You Personally Guaranteed?

  In addition to the property securing a loan, a personal guarantee is also used a promise or agreement to hold you personally liable for a debt.   By personally guaranteeing a loan, in addition to the property as collateral for the…

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