Can a Co-signer on a Car Loan Be Sued?

When you are applying for a loan, be aware that your will be giving out personal information. You will be required to give the lender personal information during the application process. Verify that the company has a legitimate privacy policy and is a reputable lender.

Keep you eye out for car lenders that do things such as automatically rolling over finance charges to your next car. This makes it impossible to pay off the loan since what you are mainly paying are the fees and charges. car loans have often to cost people 500% the amount of the original amount borrowed.

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