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definition of a co-signer please?

tasman_island

Member
Jan 3, 2016
13
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is a co-signer someone who takes financial responsibility along with the sponsor for the prinicipal applicant? I guess this isnt always necessary as for commonlaw class there is no minimum financial requirements. Did i answer my own question pretty much bang on?
feel like im getting there slowly......
 

Tolexmi

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Jun 26, 2015
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tasman_island said:
is a co-signer someone who takes financial responsibility along with the sponsor for the prinicipal applicant? I guess this isnt always necessary as for commonlaw class there is no minimum financial requirements. Did i answer my own question pretty much bang on?
feel like im getting there slowly......
Yup U did!.. So if ur applying common law, then u dont need to worry about the co- signer thingy