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T will fall to you. Be sure that you are in a position to repay the debt if you have to and that you want to accept this responsibility. You may have to pay up to the full amount of the debt if the borrower does not pay as agreed. In addition to the principal and interest portion of the debt, you may also be responsible for late fees or collection costs incurred by the borrower. The creditor can collect this debt from you without first trying to collect from the borrower. The creditor can use th.
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