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QUESTION

Son Purchase 2014 Dodge Impala w/me co-signer

Asked on Aug 08th, 2017 on Business Law - Colorado
More details to this question:
I am the co-signer and now that the paperwork is being processed. they switched it up and made me the primary borrower. How can they just do that? They have/had my consent for me to be the co-signer but not the primary?
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1 ANSWER

Paul J. Hanley
Corporate Attorney serving Denver, CO at Spencer Fane, LLP
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There is no legal distinction between being a co-signer and a primary borrower.  You are on the hook either way.
Answered on Aug 08th, 2017 at 11:52 AM

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