The answer is yes, increase your contingent liabilities by guaranteeing others. If the other party defaults on the loan, your contingent liabilities will immediately become real liabilities, and the consequence is that you have to compensate the other party, and your repayment ability will immediately decline, making it difficult to apply for a loan. Therefore, when approving loans, credit institutions will definitely review the external guarantees of borrowers and the credit risks of the guaranteed.
In terms of treating applicants' external guarantees, the policies of banks are slightly different, and some directly calculate the repayment ability as liabilities; Some calculate the repayment ability by converting the guaranteed amount into 1/2 or 1/5 as liabilities.
Contracts signed by loan guarantees are all joint and several guarantees. When the borrower breaches the contract, the bank can apply to execute the borrower and the guarantor at the same time, and seal up, freeze and detain their assets, even in no particular order. Many people don't understand how serious the consequences are.
It is suggested that the old railway company must seriously consider the consequences of the other party's non-repayment before providing guarantees to others, and must consider the possibility of assets being seized, sitting in the dock and losing their jobs. If it is not a friend of life and death, and it is not an immediate family member, the security can still be saved. In order not to hurt feelings, give him some money and be prepared for him not to return it.
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Second, I guarantee loans to others, and I write my concerns in the credit report. Can I still apply for a house? thank you
If you want to take a bank loan, there are ways to find a loan company as an intermediary. You can trust me privately if you have any questions.
Third, help others and make sure that you are noticed. Can I still get a loan if I pay it back?
Yes, the guarantor is not the main branch formula that did not pay off the loan at that time, but the passive party, that is to say, he is not the executor of the main responsibility. Although he was concerned at that time, his concern was automatically lifted the day after the borrower paid off the loan, and his loan was not affected.
Fourth, help others guarantee loans. Can I still borrow it?
You can also apply for a loan by guaranteeing a loan to others, but the lender will review the qualifications of the lender. As long as there is no problem with the lender's credit information and income, and the lender's debt situation is not serious after the guarantee, you can apply for a loan. Helping others to make secured loans, if others do not repay, then the guarantor will bear joint and several repayment responsibilities, and the lending institution will pay more attention to this when auditing, so the guarantee responsibility will still have some impact on the loan application. Loan guarantee refers to the legal act that the bank requires the borrower to provide guarantee to ensure the realization of loan creditor's rights when issuing loans. In terms of risk control of loans, banks are reluctant to put them on the Internet. An important reason is the high management cost of such loans. However, the benefits are not obvious. For this kind of loan, the guarantee institution can optimize the management process of the loan, form personalized service of post-loan management, share the management cost of the bank, and avoid the worries of the bank. Loan guarantee: Loan guarantee includes guarantee, mortgage and pledge. These safeguards can be used alone or in combination. Review of loan guarantee: The lending bank shall strictly review the legality, validity and reliability of the guarantee according to relevant laws and regulations and relevant provisions of the Bank. Legal measures taken to ensure the realization of creditor's rights. Judging from the content of China's guarantee law, the guarantee of debt should refer to a method based on certain property of the parties, which can be used to urge the debtor to perform the debt and ensure the realization of the creditor's right. The guarantee in the guarantee law, also known as creditor's right guarantee, debt guarantee and debt guarantee, is an all-encompassing concept with rich connotation and extremely extensive extension. In civil law, it refers to the guarantee and mortgage behavior to ensure the realization of creditor's rights. If Party A borrows money from the bank, Party B will provide a guarantee for Party A to fulfill its repayment obligations within the specified time limit. Once Party A fails to fulfill its obligations, Party B will perform it on its behalf. China promulgated the Guarantee Law in 1995, which stipulated related matters. The guarantee in the criminal procedure law is to provide certain guarantee for bail pending trial and medical parole. There is no guarantee. When concluding a guarantee contract, the guarantor, out of affection, lacks due credit investigation on the guaranteed person and blindly signs the guarantee contract. Don't be ignorant of the guarantee. Some people don't examine the subject qualification of the guarantor, and don't clearly stipulate the scope of guarantee, the term of responsibility and the way of responsibility, so they blindly stamp the guarantee contract and say, "Anyway, I will repay the loan myself, and I just go through the formalities with a stamp." Only when something goes wrong can I wake up like a dream.