Your cash: Cosigning education loan? Anticipate to spend

Your cash: Cosigning education loan? Anticipate to spend

4 MINS DE LECTURE

(This May 16 story corrects paragraph that is 10th explain that 96% of cosigns are for undergraduate loans.)

NY (Reuters) – can be your college-bound child a credit risk that is good?

Look at this cautiously before cosigning a private education loan.

Some 49% of personal education loan cosigners over age 50 wind up paying several of that financial obligation, relating to information released in might because of the AARP Public Policy Institute. 1 / 2 of them, mainly parents and grand-parents of this borrowers, voluntarily achieve this to help you. Continue reading “Your cash: Cosigning education loan? Anticipate to spend”