What is a potential risk associated with being a joint applicant for a loan? Option: Reduced interest rates, Improved credit score, Increased credit limit, Shared responsibility for repayments

What is a potential risk associated with being a joint applicant for a loan?

What is a potential drawback of co-signing a loan for a friend?

Why is it advisable to avoid becoming a guarantor for financial assistance?

What is a potential consequence of relying heavily on credit card purchases?

What is a potential consequence of missing a loan payment?

What is one potential advantage of P2P lending for borrowers with poor credit scores?