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If parents of a student that needs a loan cosigner are divorced can both parents be used as cosigners so that one is not solely responsible in the event of default?

Ross Pratt

in Student Loans

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1 answer

Craig Stewart on January 3, 2018

Yes you can, BUT, each of the parties jointly And separately responsible. By that I mean that if for any reason one of the co-signer cannot pay their share, the other co-signer is be TOTALLY responsible.

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