4 Questions to Ask Before Cosigning a Loan

4 Questions to Ask Before Cosigning a Loan
Christy Bieber, The Motley Fool
·4 min read

Image source: Getty Images When you cosign a loan, you're taking on a huge financial responsibility. Sure, the primary borrower is theoretically supposed to be the person who pays off the loan -- but you're promising the creditor that you'll be responsible if they don't do that.