What are the requirements of the car guarantor?

1. What are the requirements of the car guarantor?

1. The requirements of the car guarantor are as follows:

(1) has full capacity for civil conduct;

(2) It has nothing to do with the vehicle loan except the guarantee;

(3) It has a legal and stable source of income and proof of assets, and has the ability to repay loans instead of borrowers;

(4) having a fixed residence in the local area, and having a local household registration or residence certificate;

(5) Good personal credit information.

2. Legal basis: Article 388 of the Civil Code of People's Republic of China (PRC).

To establish a security interest, a security contract shall be concluded in accordance with the provisions of this Law and other laws. Guarantee contracts include mortgage contracts, pledge contracts and other contracts with guarantee functions. The guarantee contract is a subsidiary contract of the main creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law.

If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.

Chapter six hundred and ninety-three

If the creditor of the general guarantee fails to file a lawsuit or apply for arbitration against the debtor during the guarantee period, the guarantor will no longer bear the guarantee responsibility.

If the creditor of joint and several liability guarantee fails to ask the guarantor to bear the guarantee responsibility during the guarantee period, the guarantor will no longer bear the guarantee responsibility.

2. What information does the guarantor need to provide when guaranteeing?

1, personal loan application report;

2. The applicant's identity card;

3. Household registration book;

4. Non-local residents provide valid residence certificates, residence permits or temporary residence permits. ;

5. Unmarried certificate;

6. Marriage certificate;

7. Spouse ID card;

8. Proof that the spouse agrees to the loan;

9. Proof that the spouse agrees to mortgage the property;

10, the identity certificate of the legal representative and the income certificate of the applicant;

1 1. Property right certificate, photocopy, house purchase contract and photocopy;