My cosigner and I have received identical statements. Are we supposed to pay both of them or just one?

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Last Updated: June 30, 2022

Only one payment is needed.

We send the same monthly statement to both the borrower and the cosigner to make sure that all responsible parties are kept up to date about the status of the loan.

Only one payment is required; the borrower and the cosigner will need to coordinate the payment process.

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