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Your cash: Cosigning pupil loan? Be ready to spend

4 MOMENTS DE LECTURE

(this might 16 story corrects tenth paragraph to explain that 96% of cosigns are for undergraduate loans.)

NYC (Reuters) – can be your college-bound son or daughter a credit risk that is good?

Look at this cautiously before cosigning a personal education loan.

Some 49% of personal education loan cosigners over age 50 wind up paying a number of that financial obligation, relating to information released in May by the AARP Public Policy Institute. 1 / 2 of them, mainly parents and grand-parents associated with the borrowers, do so to voluntarily help you. Continue reading