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Chapter 9. Loans You Don't Want to Get—o... > Why You Don't Want to Cosign a Loan

Why You Don't Want to Cosign a Loan

So far this chapter has focused on loans you don't want to get. But there are loans you should avoid giving as well.

You may not think you're lending anything when you cosign a loan for someone else. But while you're not putting up any cash, you are lending your good name—and that may come back to haunt you. Read what happened to Doug in Ohio:


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