what is the correct definition of character for potential cosigners?

The correct definition of character for potential cosigners is the cosigner's past record of paying on time. Character refers to the reliability and trustworthiness of the cosigner as demonstrated by their history of fulfilling financial obligations and making payments on time. This is a key factor lenders consider when evaluating potential cosigners because it reflects the cosigner's likelihood of repaying the loan if the primary borrower defaults.