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June 6th, 2016

Co-signer remorse: 38 percent paid for some or all of loan

A new report by creditcards.com may have you thinking twice about co-signing on that loan: It says 38 percent of co-signers had to pay some or all of the bill because the primary borrower did not. Auto loans accounted for 51 percent of all co-signings, followed by personal loans and student loans.

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