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 Distinction. with a Difference. and co-borrower under Minnesota law. Specifically, a. co-borrower may remain primarily liable under a loan. even if another co-borrower alters certain terms of the. loan or releases certain collateral securing the loan. Another important distinction to remember is that. a co-borrower is primarily liable for the debt from its. inception. In contrast, a guarantor is not liable unless. the underlying borrower defaults and, depending on. the terms of the guaranty, the lender pursues collection. efforts against the borrower.