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What does and/or mean on an auto loan?



hello can someone shed some light on AND/OR situations regarding auto loans or ownership of vehicles when there are two owners? Im in a AND situation and a co-owner of a vehicle.

If you have signed as co-owner of a vehicle, then you are as liable for the loan as the other person. It means that one way or the other they will get their money as both of you own the vehicle.

If you could type out the sentence in additional details section it would help. Type out the sentence that says "and/or" so that we know how it is used.
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