Balance and fall prevention for seniors. One of the leading health concerns for people over the age of 60 is falling, which is often related to balance problems. Each year, between 20 and 40 percent of adults over 65 who live at home fall.
Who is a co-applicant? A co-applicant refers to a person who applies along with the borrower for a loan. This is done so that the income of the co-applicant can be used to supplement the borrowerâs income and increase his/her eligibility.
A co-signer guarantees repayment of a borrower's loan, so couples who ask someone else to co-sign on a car loan or mortgage are actually asking that person to commit to paying off their loan if they don't. A lender will require the co-signer to sign a contract guaranteeing repayment of the loan.