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 or guarantor is not entitled to the loan proceeds and is only liable for repayment if the primary borrower defaults on the loan. In some cases, a person may be a co-signer but not a co-borrower â for example, if the lender is a credit union and the person isnât a member.Only members of credit unions can borrow from them, but anyone legally able to sign a contract can be a co-signer.n some cases, a person may be a co-signer but not a co-borrower â for example, if the lender is a credit union and the person isnât a member. Only members of credit unions can borrow from them, but anyone legally able to sign a contract can be a co-signer.