If your sister-in-law asked you to guarantee the bank loan, would you agree?
No, I vouch for the person I love. Although it is a help, as long as I repay the loan on time, there will be no problem, but I also take some risks. The guarantor must be a legal person, other organization or citizen who has the ability to pay off debts on his behalf. When the debtor fails to perform the debt, the guarantor needs to perform the debt or bear the responsibility as agreed, or needs to be cautious.