Legal analysis: According to the law, the guarantee period of the loan guarantor is generally agreed by the creditor and the guarantor. If there is no agreement, the guarantee period is six months. If the guarantor and the creditor who are jointly and severally liable fail to reach the agreed guarantee period, the creditor has the right to ask the guarantor to jointly assume the guarantee responsibility within six months from the date of the expiration of the main debt performance period. Secured loan is generally a loan that is provided by a third party for the borrower.

Legal basis: The guarantor of the general guarantee in Article 698 of the Civil Code of People's Republic of China (PRC) provides the creditor with the real situation of the debtor's executable property after the expiration of the main debt performance period. If the creditor gives up or is slow to exercise his rights, and the property cannot be executed, the guarantor will no longer bear the guarantee responsibility within the range of the value of the executable property provided by him.