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  Co-Borrower Definition
Co-Borrower A second person on the title of a loan. If your credit rating isnít good enough to qualify you for a loan, a co-borrower can help you get the loan you need by co-signing for you. The co-borrower, sometimes referred to as a co-signer, would sign the promissory note with you and if you were to default on the loan, the loan would then become their responsibility.
   
   
   


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