What should five borrowers of rural credit cooperatives do if they are unable to repay? How to solve the problem that five borrowers of rural credit cooperatives are unable to repay? Joint guarantee of rural credit cooperatives If the borrower is unable to repay, the guarantor shall bear the repayment responsibility.

The co-guarantors in five joint-guarantee loans are joint and several liability guarantors. According to the relevant laws and regulations, if there are more than two guarantors for the same debt, the guarantors shall bear the guarantee responsibility according to the guarantee share agreed in the guarantee contract. If there is no agreement on the share of guarantee, the guarantor shall bear joint and several liability, and the creditor may require any guarantor to bear all the guarantee liability, and the guarantor is obliged to ensure the realization of all the creditor's rights. The surety who undertakes the suretyship liability has the right to recover from the debtor, or ask other sureties who undertake joint liability to pay off their share.

In addition, if you are temporarily unable to repay, you can negotiate with the credit union for an extension. First, borrow money from relatives and friends to repay. Loans overdue will have the following consequences:

1, which affects the personal credit record and directly affects the borrower's future loan;

2. Costs such as penalty interest and late payment fees are incurred;

3. If the borrower fails to repay the loan of the credit cooperative after repeated reminders, the credit cooperative may sue the borrower;

4. If there is loan collateral, with the permission of the court, the loan bank can auction the collateral to repay the money owed by the borrower.