What’s the Difference Between a Loan Cosigner and a Guarantor?

Some financial terms are so similar that they end up being used interchangeably. But that doesn’t mean they’re the exact same thing. One especially common mix-up: the difference between cosigners and guarantors, who are both people who can help you get a loan if your individual financial history isn’t strong enough.

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Author: Lisa Rowan on Two Cents, shared by Lisa Rowan to Lifehacker

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