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#2225233 - 11/07/19 01:29 PM EO co-signs on daughter's car loan - Reg. O apply?
Midwest123 Offline
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Joined: Mar 2012
Posts: 120
One of our executive officers is a co-signer on his daughter's car loan. The daughter has her own source of income to pay for the car loan. She does still live in the household of the executive officer. Would Reg. O apply to this particular loan? Thank you in advance for your help!

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#2225264 - 11/07/19 05:23 PM Re: EO co-signs on daughter's car loan - Reg. O apply? Midwest123
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
Yes - he is directly liable on the debt
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