what does it mean when you are listed as in care o

what does it mean when you are listed as in care of for a internet loan? Does that mean I have to pay it back if the person who took out the loan didn't?

2 Answers


Collection methods that the lender uses with the primary borrower can even be applied with the co-borrower. Once the debt gets in default, it might find a place in your credit record as well.


If you're the co-borrower of the loan, then you will be liable for paying off the loan if the primary borrower does not pay it off.


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