Current location - Loan Platform Complete Network - Loan consultation - How long is the guarantee period of the bank loan guarantor?
How long is the guarantee period of the bank loan guarantor?
The guarantee period is 6 months after the loan expires. \x0d\ Article 25 of the Guarantee Law stipulates that if the guarantor of a general guarantee and the creditor have not agreed on the guarantee period, the guarantee period shall be six months from the expiration of the performance period of the principal debt. \x0d\ If the creditor fails to file a lawsuit or apply for arbitration against the debtor during the guarantee period agreed in this contract and the guarantee period stipulated in the preceding paragraph, the guarantor shall be exempted from the guarantee liability; If the creditor has filed a lawsuit or applied for arbitration, the provisions on interruption of limitation of action shall apply during the guarantee period. \x0d\ Article 26 of the Guarantee Law stipulates that if the guarantor of joint and several liability guarantee and the creditor have not agreed on the guarantee period, the creditor has the right to require the guarantor to assume the guarantee responsibility within six months from the date of expiration of the independent debt performance period. \x0d\ If the creditor fails to ask the guarantor to assume the guarantee responsibility during the guarantee period agreed in this contract and the guarantee period specified in the preceding paragraph, the guarantor shall be exempted from the guarantee responsibility.