What Is A Loan Sign

 The term "loan sign" isn't a standard financial term. It's possible you might be referring to a "loan signer" or "loan cosigner."

  1. Loan Signer: A loan signer is someone who signs a loan agreement along with the primary borrower, agreeing to be responsible for the loan if the primary borrower fails to repay it. This is common in situations where the primary borrower might not have sufficient credit history or income to qualify for the loan on their own. The signer essentially guarantees the loan and is legally obligated to repay it if the primary borrower defaults.

  2. Loan Cosigner: A loan cosigner is essentially the same as a loan signer. They provide additional assurance to the lender by agreeing to be responsible for the loan if the primary borrower cannot repay it. Cosigners are often used for loans like student loans or car loans, particularly for borrowers who have limited credit history or poor credit.

If you meant something else by "loan sign," please provide more context, and I'll be happy to assist further.

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