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Is it useful to help others borrow money to buy a car and sign an exemption agreement?
This exemption agreement is valid internally and invalid externally.

That is to say, for the party accepting the guarantee, if the guarantor can't pay off the debt in time, he will still ask you to bear the corresponding responsibility.

If the lender, that is, the payer, agrees to your exemption agreement and signs it, it will have legal effect.

Otherwise, what you signed with the borrower has legal effect?