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Felonies are classified as first, second, or third degree depending on the nature of the crime. This is referred to as
Co-Sign
To sign a legal document alongside another person, often agreeing to take responsibility if the primary signer fails to meet the terms.
Credit Application
A form or request submitted by an individual or business seeking to obtain credit from a lending institution.
Defaults
Failure to fulfill an obligation, especially failure to meet a financial obligation or to appear in a court of law.
Guarantor
An individual or organization that commits to taking on the debt or fulfilling the contract obligations of another party if that initial party does not uphold their responsibilities.
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