Having life insurance will prevent that outcome, and keep your family member from being pursued for full payment of the loan. (myfasttermquotes.com)
If you do, your cosigner could ultimately be responsible for payment of those loans in the event of your death. (netquote.com)
The continued monthly payments of your loan installments get recorded into your credit history thus improving your credit score each month. (fastguaranteedloans.com)