What is the difference between a credit company and a guarantee company? Do you do the same business?
Totally different. Loan companies lend with their own funds, many of which are the predecessors of pawn shops that regulate their operations. If it is not standardized, it will become a usury company. However, financing guarantee companies cannot lend by themselves, but only cooperate with financial institutions, which lend. The guarantee company guarantees the borrower's repayment ability, and the non-financing guarantee company guarantees other behaviors.