Meaning of the word: Co-debtor
Co-debtor is a person who is willing to participate in the debt repayment, together with the debtor up to 100% of the amount due. Co-debtor has the same rights and obligations as a debtor and is also the guarantor, because in the case that a debtor is unable to meet the commitment, the co-debtor takes this obligation.
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FROM DICTIONARY
Credit card
A credit card payment card offered to customers draw funds and goes under the zero. It is based on the holder´s promise to pay for them. Credit cards…
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