lisävaraaja
A lisävaraaja, meaning "additional borrower" in Finnish, is a term commonly used in the context of financial agreements, particularly loans and mortgages. It refers to a person who is added to an existing loan or mortgage agreement as a co-borrower. This means the lisävaraaja takes on joint responsibility for the repayment of the debt alongside the original borrower.
Adding a lisävaraaja can have several implications. From the lender's perspective, it can increase the security
However, for the lisävaraaja, becoming an additional borrower carries significant financial risk. They are legally bound