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What's a co-borrower on a loan or a line of credit?
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A co-borrower is a person who's equally responsible for repaying a credit balance with the primary borrower. The co-borrower repays the loan or line of credit if the primary borrower doesn't.
- What is the difference between a Personal Loan and Personal Line of Credit?
- What information do I need to provide when applying for a loan or line of credit?
- How can I apply for a line of credit?
- Is there a limit on how much I can pay back on my line of credit?
- How can I access a Simplii Financial line of credit?
- How is interest calculated on my line of credit?
- Where can I get information on the types of security for real-estate secured loans and lines of credit (standard or collateral charges)?
- What's a Secured Line of Credit?
- When do I pay back my loan?
- What are the costs associated with a line of credit?
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