1. The record of overdue repayment is a sign of bad credit, indicating that the borrower failed to repay the loan on time in the past. Therefore, the credit rating of overdue repayment will be affected, and as a guarantor, you need to have certain credit and repayment ability.
2. As a guarantor, the borrower should bear the repayment responsibility, so banks or other financial institutions will evaluate and review the credit of the guarantor. If the guarantor has a record of overdue repayment, its credit rating will be lowered, which will increase the uncertainty and risk of the lender as a guarantor.
3. Being a guarantor beyond the time limit may be special, and usually one of the following conditions needs to be met: the amount of guarantee is small and there are other reliable guarantee methods; The guarantor provides strong proof of repayment ability, such as a stable source of income; Or through the special approval of the lending institution. However, these cases are only a few exceptions. In most cases, the overdue person cannot be used as a guarantor.
To sum up, in general, overdue borrowers cannot be used as guarantors. I suggest you go to qingquan to check the big data of credit information. The platform can provide more detailed personal credit information and ratings to help you better understand your credit status.
Extended data:
Green Dog Quick Check is a platform providing credit inquiry and rating service, through which users can inquire personal credit rating, credit report, overdue records and other credit-related information. When applying for a loan or choosing a guarantor, querying credit big data can provide an important reference to help users make more informed decisions.
At the same time, it is recommended that you communicate with relevant financial institutions on loan or guarantee matters to understand the specific requirements and policies. Each financial institution may have different rules and standards when conducting loan or guarantee business, so you can ask them whether they can become guarantors after the deadline.
In short, overdue repayment usually affects credit rating and qualification as a guarantor. Although there may be some exceptions, in general, it is recommended to know your credit status and consult the regulations and requirements of relevant financial institutions before lending or guaranteeing.