Mario Dedal – Co-borrower of Cresenciana Tolentino

People should think twice about becoming co-borrowers. Unless they are absolutely sure the borrower can repay the loan in full, they should not share the responsibility, even if the borrower is a sibling. Otherwise, they will end up with a financial burden like Mario Dedal.

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Jennifer Nacar – Co-Borrower of Jovet Bobis

Signing as a co-borrower is not just about affixing one’s signature to a loan contract. When one takes the name co-borrower in a loan agreement, he or she also implies that he or she is aware of the responsibilities and duties that the name entails. However, it seems that not many realize this. As a [...]

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Jacqueline Carlos – Co-borrower of Carla Carlos

Helping others usually have a positive outcome, but sometimes things go awry. In some instances, the person who helps gets in trouble. Jacqueline Carlos surely knows about this. If she truly understood the responsibility that came with the kind of help she extended, she may have decided against offering assistance in the first place and [...]

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