No. Emergency contact is different from guarantor. If I am the guarantor, I need to take responsibility. According to Article 12 of the Guarantee Law of People's Republic of China (PRC), if there are more than two guarantors for the same debt, the guarantors shall bear the guarantee liability according to the guarantee share agreed in the guarantee contract.

If there is no agreement on the share of guarantee, the guarantor shall bear joint and several liability, and the creditor may require any guarantor to bear all the guarantee liability, and the guarantor is obliged to ensure the realization of all the creditor's rights.

Article 17 If the parties agree in the suretyship contract that the surety shall bear the suretyship liability when the debtor fails to perform the debt, it is a general suretyship.

The guarantor of a general guarantee may refuse to undertake the guarantee liability to the creditor before the main contract has been tried or arbitrated and the debtor's property has been enforced according to law.

Under any of the following circumstances, the guarantor shall not exercise the rights specified in the preceding paragraph:

(a) the debtor's domicile has changed, and the creditor has great difficulty in asking him to perform his debts;

(2) The people's court accepts the bankruptcy case of the debtor and suspends the execution procedure;

(3) The guarantor waives the rights stipulated in the preceding paragraph in writing. Extended data:

Exemption from liability: According to Article 23 of the Guarantee Law of People's Republic of China (PRC), during the guarantee period, if the creditor allows the debtor to transfer the debt, it shall obtain the written consent of the guarantor, and the guarantor will no longer assume the guarantee liability for the debt transferred without his consent.

Article 24 Where the creditor and the debtor agree to change the main contract, they shall obtain the written consent of the guarantor. Without the written consent of the guarantor, the guarantor will no longer bear the guarantee responsibility.

If there are other provisions in the guarantee contract, such provisions shall prevail.

Article 25 If the guarantor of a general guarantee and the creditor have not agreed on a guarantee period, the guarantee period shall be six months from the date when the performance period of the principal debt expires.

If the creditor fails to bring a lawsuit against the debtor or apply for arbitration during the guarantee period stipulated in the 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.

Article 26 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 expiration of the independent debt performance period.

If the creditor fails to require the guarantor to assume the guarantee responsibility during the guarantee period agreed in the contract and the guarantee period stipulated in the preceding paragraph, the guarantor shall be exempted from the guarantee responsibility. Thirtieth any of the following circumstances, the guarantor shall not bear civil liability:

(a) the parties to the main contract collude to defraud the guarantor to provide a guarantee;

(two) the creditor of the main contract uses fraud, coercion and other means to make the guarantor provide a guarantee against the true meaning.

2. Does the bank loan contact person have legal responsibility?

The main obligation of the contact person in the application form is that the lending institution cannot and will not bear the loan responsibility. In practice, the contact information is filled in by the borrower, but in many cases, the contact person does not know that he has become a "contact person" and the bank does not review the relevant information of the contact person, so the "obligation" is not binding.

3. Does the loan contact person need to bear legal responsibility?

According to the nature of the contract, if it is only a loan contract, it does not need to bear legal responsibility; If it is a guarantor, it needs to bear the guarantee responsibility.

Relevant regulations: Article 18 of the Guarantee Law of People's Republic of China (PRC).

If the parties agree in the guarantee contract that the guarantor and the debtor shall be jointly and severally liable for the debt, it is a joint liability guarantee.

If the debtor of joint and several liability guarantee fails to perform the debt at the expiration of the debt performance period agreed in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee.

Article 19 If the parties have not agreed on the method of guarantee or the agreement is unclear, they shall bear the guarantee liability according to the joint and several liability guarantee.

4. Does the bank loan contact person have legal responsibility?

The application form and the final loan contract text are not the same concept. The application form is only your application, and whether it is passed or not is one thing. Signing a loan contract is legally responsible.