Some lenders will allow you to not include a cosigned debt into your debt ratio, if the account is over 12 months old and you can show proof (12 months of proof) that someone else is making the payments on the debt. Canceled checks would be the most fool proof way to show that someone else is making the payment. If the other person is paying you with cash there will be no way to prove that they make the payments and you will have to keep that debt calculated into your debt to income ratio.

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