co-maker
- A person who co-signs a financial debt contract, symbolizing a commitment to fulfill the financial duty if the primary debtor fails to do so
- The co-maker of a loan is equally liable for repayment if the original borrower defaults.
- When applying for a business loan, he decided to include a co-maker to improve his chances of approval.
- Having a co-maker on your loan can provide the lender with extra security.
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