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Unfortunately, no, there is no way to remove one's self as a cosigner. If there were, co-signing wouldn't mean anything to banks, for obvious reasons. The only option is to get your granddaughter to refinance the loan, but if she is behind in payments already it's unlikely that she'll be able to find a lender willing to do that. I truly wish there were better options, but I trust you will appreciate an honest and direct answer to your question.
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