Cosigners lend their names and good credit histories to the maker. Should the maker die, lose a job, or otherwise fail to make payments, all responsibility for meeting the terms of the loan transfers to the cosigner. An often-overlooked aspect of cosigning a loan is the fact that the loan appears on both the maker's and cosigner's credit reports.

TN Members 1st FCU partners with GreenPath Financial Wellness to provide members access to free money management and financial education services. Our partners at GreenPath Financial Wellness can:

• Explore options for easing financial stress and achieving financial goals.
• Discuss your credit and provide tips for improving your credit score.
• Look at student loan repayment options, including the pros and cons.
• Discuss debt repayment options.
• Assist with housing issues, including purchasing a home, avoiding foreclosure, or reverse mortgages.
• Provide you and your family with financial education, through online resources and tools.

Click here to learn more about our partnership with GreenPath.