The Learning Center
Terms that begin with C
A cosigner is an individual who agrees to jointly share responsibility for repaying a loan if the principal borrower fails to meet the obligations of the loan agreement. With credit cards, a cosigner agrees to the responsibilities of a credit application with the primary cardholder, which basically means that they take on liability for your debts. A family member or friend who has an established credit history may be eligible to be cosigners.
Copyright © 2002-2018
Best Credit Card Reviews
* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.