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Why is a bank more likely to offer you credit if you have a cosigner with good credit?

Why is a bank more likely to offer you credit if you have a cosigner with good credit?
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Why is a bank more likely to offer you credit if you have a cosigner with good credit?

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User Amir Arad
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Because it demonstrates that you are in contact with people of higher-economical stature. 
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User Nvrs
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