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Who is a Co-Maker?

co-maker
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Who is a Co-Maker?

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This is a member who pledges their savings to enable you to get a loan. They are like a guarantor. A co-maker’s shares cannot be withdrawn until the loan has been repaid. Before you sign as a co-maker or guarantor, please check for the borrower’s loan balance as you will be liable for the member’s total liability with the Credit Union.

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