There must be something wrong. The borrower is you. The so-called guarantor only plays a role of guarantee. If you owe money, the bank will let you pay it back first. Unless I can't find you, I will find a guarantor. If no one pays back the money, the legal responsibility is the borrower, not the guarantor.

Consequences of non-repayment of loans:

Loans overdue is overdue, and the bank computer system has the right to deduct money from the personal account at any time until the loan amount and interest due in the current year are deducted. The handling bank has the right to charge interest at the default interest rate for the loan that the lender fails to repay the loan on the date agreed in this contract (including being declared to be due in advance) and the loan that is not used according to the purpose agreed in this contract; For the interest that cannot be paid on time, compound interest shall be calculated at the penalty interest rate. If the loan interest rate is adjusted according to the agreement in Paragraph 2 of Article 4 of the Contract, the penalty interest rate will change accordingly after the interest rate adjustment, and the change period is the same as that of the interest rate.

The personal credit information system will also automatically record the breach of contract, which will affect the borrower's application for housing mortgage, automobile mortgage and other loans and credit card processing in the future, and it will be eliminated after seven years of repayment.

For borrowers who are seriously in arrears in repayment, the relevant administrative departments and banks will publish their names, citizen ID numbers, graduation schools and specific breach of contract through news media, internet and other information channels.

Lenders who seriously breach the contract will also bear relevant legal responsibilities.