Basic information of Xinhai Microfinance Co., Ltd.:

1, the credit rating is BBB, the credit ranking is 109480(-24096), and the credit status is average. The company name is Linfen Xiangning Xinhai Microfinance Co., Ltd., and the company registration number is141029000015658. Founded in 2009- 1 1-27, the enterprise type is a limited liability company. The supervision unit is the Administration for Industry and Commerce of Xiangning County, Shanxi Province, and the registered address is the first floor of Xinyuan Building, Yingxudong Street, Xiangning County.

2. Scope of business: provide small loans for the "three rural" projects, individual industrial and commercial households, small enterprises and micro-enterprises in Xiangning County, and carry out development, management and financial consulting business for the above-mentioned entities (projects that need to be approved according to law can only be carried out after approval by relevant departments). Contact information 603 1888.

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1. What are the responsibilities of the microfinance guarantor?

Responsibilities are as follows:

1. If it is stated in the guarantee that the borrower is liable for the guarantee if he cannot repay the loan, it is a general guarantee. General guarantee is stipulated by law, and the guarantor's property can only be executed if the borrower can't repay it legally.

2. If the guarantor fails to write any of the above contents, it is a joint guarantee, and the creditor can ask the borrower or the guarantor for money.

legal ground

Article 18 of the Guarantee Law stipulates that if the parties agree in the guarantee contract that the guarantor and the debtor shall bear joint liability for the debt, it is a joint liability guarantee. If the debtor of joint and several liability guarantee fails to perform the debt at the expiration of the debt performance period agreed in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee. (The Guarantee Law will expire on 65438+February 3, 20201).

Article 688 of the Civil Code stipulates that if the parties agree in the guarantee contract that the guarantor and the debtor shall be jointly and severally liable for the debt, it is a joint liability guarantee. When the debtor of joint and several liability guarantee fails to perform the due debt or the circumstances agreed by the parties occur, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee. (The Civil Code will come into effect on 20211).