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cosign |
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cosign v. to sign a promissory note or other obligation in order to share liability for the obligation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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But there are instances when cosigning makes sense, especially if a child needs the leverage of their parent's financial standing. Kysa made other financial mistakes, among them, cosigning on a loan for an ex-boyfriend who left her with an additional $3,000 of debt. But will the IRS also attack the guarantee or cosigning of personal loans, such as those for cars and homes? |
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