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Basically what makes one person a borrower and the other a co-borrower is one simple factor, money. Whoever makes more money will in most cases always be the main borrower, regardless of credit scores. Like the person above said, both peopl...
http://wiki.answers.com/Q/What_is_the_difference_betwee...
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I would like to know the difference and obligation of each when on a mortgage loan...Co-Borrower ; Co-Signer ... Wanda, I agree with all posters above on the differences between a co -borrower and co-signer though in today's market most lenders will simply refer to the second person as a co-borrower. The biggest thing...
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www.mortgagefit.com/know-how/coborrower-cosigner.html
www.mortgagefit.com/know-how/coborrower-cosigner.html
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ANSWER: The difference between a co-borrower and a guarantor is that the co-borrower, of course, is primarily liable on the loan, period, and whether his or her fellow debtor defaults or has defenses is not pertinent to his or her obligation to repay.
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www.bankersonline.com/lending/gurus_ldng02f.html
www.bankersonline.com/lending/gurus_ldng02f.html
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I have the title to my Pathfinder but they said between Monday and Tuesday they sold it to a dealer and I can't have it back-without a clear title?? I stopped payment on the $2600. ... Also, what is this I hear about the dealer charging 12.9% interest then when they sell it for 9%, the dealer pockets the difference. Now,
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www.ripoffreport.com/report61067.htm
www.ripoffreport.com/report61067.htm
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My question is, what is the difference between being the co-signer and co-owner of a car? Jason Jalopy ... The borrowers remain responsible for the difference between the loan balance and the sales price net of auction and repo costs. While it's conceivable that the car could net more than the loan balance, it's not...
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www.bankrate.com/brm/news/DrDon/20030605a1.asp
www.bankrate.com/brm/news/DrDon/20030605a1.asp
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What is the difference between a co-signer and a guarantor? Example, if I have a young couple who wants to buy a house, and they have no alternative trade lines and no credit scores, and their mother wants to help them, ... Is this a sub-prime deal? You do realize that Novastar has a non-occupying co-borrower program?
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forum.brokeroutpost.com/loans/forum/2/9364.htm
forum.brokeroutpost.com/loans/forum/2/9364.htm
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However, there's one important difference: A co-borrower will be listed on the title to the property, meaning the co-borrower actually co-owns it. A co-signer is not listed on the title, and has no legal claim to the property ... What is the difference between a co-borrower and a co-signer?
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contracts.lawyers.com/Reclaiming-Property-from-a-Cosign...
contracts.lawyers.com/Reclaiming-Property-from-a-Cosigned-Loan.html
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But there is a really important difference between the two bubbles. ... The City of London is sandwiched between Mervyn King at the Bank of England, who wants to break up the likes of Barclays and Royal Bank, and Adair Turner, who believes its activities should be fettered and constrained to an extent it hasn't experienced...
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www.bbc.co.uk/blogs/thereporters/robertpeston/
www.bbc.co.uk/blogs/thereporters/robertpeston/
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Any additional borrower(s) whose name(s) appear on loan documents and whose income and credit history are used to qualify for the loan. Under this arrangement, all parties involved have an obligation ... What is the difference between a borrower and co-borrower on a mortgage? Read answer... ... Death of borrower with co-signer?
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www.answers.com/topic/co-borrower
www.answers.com/topic/co-borrower
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