If your friend repays the loan on time and there is no abnormal situation that causes the bank to pursue the loan from you as the guarantor, it will not affect your loan.

According to the "Guarantee Law of the People's Republic of China"

Article 12:

If there are two or more guarantors for the same debt, the guarantor shall be The guarantor shall bear the guarantee liability according to the guarantee share specified in the guarantee contract. If there is no guarantee share agreed upon, the guarantor shall bear joint and several liability. The creditor may require any guarantor to bear all guarantee responsibilities, and the guarantor shall have the obligation to guarantee the realization of all claims.

Article 17:

If the parties agree in the guarantee contract that when the debtor is unable to perform the debt, the guarantor shall bear the guarantee liability, it is a general guarantee.

The guarantor of a general guarantee may refuse to assume guarantee liability to the creditor until the dispute over the main contract has not been tried or arbitrated and the debtor's property is enforced in accordance with the law and the debtor still cannot perform the debt.

Under any of the following circumstances, the guarantor shall not exercise the rights stipulated in the preceding paragraph:

(1) The debtor's domicile changes, causing major difficulties for the creditor to require him to perform his debt

(2) The people's court accepts the debtor's bankruptcy case and suspends the execution procedure

(3) The guarantor waives the rights stipulated in the preceding paragraph in writing.

Article 21:

The scope of the guarantee includes the principal claim and interest, liquidated damages, damages and costs for realizing the claim. If the guarantee contract stipulates otherwise, the stipulation shall prevail.

If the parties have not agreed on the scope of the guarantee or the agreement is unclear, the guarantor shall bear liability for all debts.

Article 22:

If during the guarantee period, the creditor transfers the principal claim to a third party in accordance with the law, the guarantor shall continue to bear the guarantee liability within the scope of the original guarantee. If the guarantee contract stipulates otherwise, the stipulation shall prevail.

Article 27:

The guarantor guarantees consecutive claims in accordance with the provisions of Article 14 of this Law. If the guarantee period is not agreed upon, the guarantor may terminate the guarantee at any time by notifying the creditor in writing. Guarantee contract, but the guarantor shall bear guarantee liability for claims incurred before the creditor is notified.

Article 28:

If the same creditor's right is guaranteed by both guarantee and material guarantee, the guarantor shall bear the guarantee liability for the creditor's right other than the physical guarantee.

If the creditor waives the security of the property, the guarantor shall be exempted from liability to the extent that the creditor waives its rights.

Article 31:

After assuming the guarantee liability, the guarantor has the right to recover from the debtor.

Extended information:

According to the "Guarantee Law of the People's Republic of China"

Article 23:

Guarantee During this period, if the creditor allows the debtor to transfer the debt, it must obtain the written consent of the guarantor. The guarantor will no longer assume liability for debts transferred without its consent.

Article 24:

If the creditor and the debtor agree to change the main contract, they must obtain the written consent of the guarantor. Without the written consent of the guarantor, the guarantor will no longer bear the guarantee liability. If the guarantee contract stipulates otherwise, the stipulation shall prevail.

Article 25:

If the guarantor of a general guarantee and the creditor do not agree on a guarantee period, the guarantee period shall be six months from the expiration of the principal debt performance period.

During the guarantee period stipulated in the contract and the guarantee period stipulated in the preceding paragraph, if the creditor does not file a lawsuit against the debtor or apply for arbitration, the guarantor shall be exempted from the guarantee liability; if the creditor has filed a lawsuit or applied for arbitration, the lawsuit shall apply during the guarantee period. Provisions for interruption of statute of limitations.

Article 26:

If the guarantor of a joint liability guarantee and the creditor have not agreed on a guarantee period, the creditor has the right to request the guarantor within six months from the expiration of the debt performance period. Bear warranty responsibilities.

If the creditor does not require the guarantor to bear guarantee liability during the guarantee period agreed in the contract and the guarantee period specified in the preceding paragraph, the guarantor shall be exempted from guarantee liability.

Article 30 The guarantor shall not bear civil liability under any of the following circumstances:

(1) The parties to the main contract collude to defraud the guarantor into providing guarantee;

(2) The creditor of the main contract uses fraud, coercion and other means to cause the guarantor to provide guarantee against his true will.

Baidu Encyclopedia - Responsibilities of the guarantor