Audio: Cosigning a College Loan

They say that no money spent on education is wasted. But higher learning certainly doesn't comes cheap anymore. If there's a student with college dreams in your family, they may need cosigning support to help close the gap and secure the diploma they're planning to seek. Understand the questions you'll want to consider when weighing the options of cosigning. Cosigning a loan isn't a gift of funds, it includes a repayment agreement where both parties share responsibility.

For answers to some of the most common credit questions, join Credit 101 for play-by-play answers in about a minute. There's no reason credit needs to be a mystery: arm yourself with useful answers to build your credit confidence and help master your financial future.

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