If the loan guarantor wants to cancel the guarantee, it depends on the relevant regulations of the guarantor, the borrower and the lending institution when signing the loan contract. Generally speaking, during the guarantee period stipulated in the contract, there is a joint relationship between the guarantor and the borrower. If the guarantee period stipulated in the loan contract expires, the guarantee relationship will be automatically dissolved after the expiration. In addition, in the process of guarantee execution, the three parties * * * need to agree to cancel the guarantee, in order to cancel the guarantee relationship in the process of guarantee execution.

Legal objectivity:

Article 687 of the Civil Code of People's Republic of China (PRC) stipulates in the suretyship contract that when the debtor fails to perform the debt, the surety shall bear the suretyship responsibility, which is a general suretyship. The guarantor of a general guarantee has the right to refuse to assume the guarantee liability to the creditor before the main contract dispute has been tried or arbitrated and the debtor's property has been enforced according to law, except in one of the following circumstances: (1) the debtor's whereabouts are unknown and there is no property available for execution; (2) The people's court has accepted the bankruptcy case of the debtor; (3) The creditor has evidence to prove that the debtor's property is insufficient to perform all debts or cannot perform debts; (4) The Guarantor waives the rights stipulated in this clause in writing.