Guarantor provides guarantee for others' loans, and the record of guarantee will also be shown in the credit report, so guarantor should carefully consider whether to guarantee for others.
Guarantee qualification examination means that the lending institution will examine the guarantor's guarantee ability to see whether the guarantor has the strength to fulfill the guarantee obligation. In other words, when the user applies for a secured loan, the guarantor also needs to pass the audit of the lending institution. When the guarantor fails to pass the loan review, the secured loan will fail and the user must reapply for the loan. When a bank inquires about personal credit, it needs to select the corresponding inquiry reason in the inquiry options of the inquiry system of the People's Bank of China. Is it because you provided guarantees for others, such as loan guarantees for others, or you applied for a credit card yourself, the bank will check personal credit information, and the reason may be wrong.
Banks need the authorization of the inquired person to inquire about personal credit information.
If you don't apply for a credit card or a loan or guarantee for others, the bank can check your personal credit information and complain to the local people's bank.
The guarantee qualification examination is to examine the guarantor's guarantee ability.
Lending banks are obliged to examine their guarantors, including their qualifications and guarantee ability.
If the bank issues loans, the bank will also fulfill its supervisory obligations to the guarantor. Guarantee can be divided into general guarantee and joint liability guarantee. According to the requirements of the parties, the law can execute the guarantor first, the borrower first, or the borrower and the guarantor jointly bear the repayment responsibility.
If the guarantor can't pay off the debt, the bank can apply for execution of the borrower; If both cannot be repaid, the bank can declare cancellation, but the account will be filed. Once the borrower and guarantor have the ability to repay, if the litigation bank does not give up, the bank can apply to continue execution until the loss is recovered.
1. The guarantee qualification examination is to examine the guarantor's guarantee ability. Lending banks are obliged to examine their guarantors, including their qualifications and guarantee ability. Guarantee qualification examination refers to the examination of the guarantor's guarantee ability. Lending banks are obliged to examine their guarantors, including their qualifications and guarantee ability. If the bank issues loans, the bank will also fulfill its supervisory obligations to the guarantor.
2. Guarantee is divided into general guarantee and joint liability guarantee. The implementation of the joint liability guarantee stipulated by law/depends on the requirements of the litigants/can be implemented by the guarantor first, or by the borrower first, or jointly by the borrower and the guarantor. If the guarantor can't pay off the debt, the bank can apply for execution of the borrower; If neither of them can be repaid, the bank can announce the write-off, but once the borrower and guarantor are able to repay, if the litigation bank cannot give up, the bank can apply to continue execution until the loss is recovered.