Of course. When users meet the loan application conditions, they can apply for loans from financial institutions. However, if the guarantor's repayment ability is insufficient or the lending institution cannot contact the lender, the guarantor will bear part of the repayment responsibility. In addition, the loan interest rate must comply with the relevant provisions of the state. If the loan contract does not stipulate the payment of interest, it shall be deemed as no interest. Therefore, users are advised to fully understand their credit history, repayment ability and specific requirements of loan products before applying for loans to avoid unnecessary troubles.

What are the conditions for being a guarantor?

As a guarantor, you need to meet the following conditions:

1. Guarantors can be legal persons, other organizations and citizens who have the ability to repay debts on their behalf.

2. The guarantor must have full capacity for civil conduct.

3. The guarantor shall have a fixed residence and permanent residence in the local area.

4. The guarantor must have the ability to fulfill the guarantee obligation and have no bad records such as bad debts.

The guarantor enjoys political rights and is not restricted by personal freedom, which is irrelevant to this case.

6. The guarantor has no obvious record of breach of contract.