If I cannot make payments on my loan, is my co-borrower responsible for repaying my loan? February 24, 2020 21:56 Updated Follow Yes. You and your co-borrower are jointly liable for making your loan payments. Related articles If I build a good payment history for an extended period of time, can my co-borrower be removed? Why was I denied with a co-borrower? I'm experiencing a hardship/would like to skip Personal Loan payments. What are my options? Who is the loan servicer for my SoFi Personal Loan? / How will I make payments? / Who will I make my payments to? I would like to pay my Student Loan twice per month, is that an option?