Answer:
When I was applying for the loan on my house, it involved my parents for a co-signer to say that I am liable for the loan if I didn't pay for it, my parents would then become the payer of the loan until it is paid off. Still, the loan was simple, and the % of interes,t in this case was lower than usual everything worked out as it should pay back the loan on time, and there are no issues whatsoever.
Explanation:
