If you are the guarantor of the lender, it means that you agree to bear the joint liability for debt repayment, that is, when the lender fails to repay the loan according to the contract or cannot repay the loan according to the contract, the bank has the right to recover the unpaid amount from the guarantor.

Guarantor: The third party and the creditor agreed that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the responsibility according to the agreement. The third party here is the guarantor, including legal persons, other organizations or citizens who have the ability to pay off debts on their behalf, and the creditors here are the creditors of the principal debts. Here, the performance of debt or the assumption of responsibility according to the agreement is called guarantee debt, and some people call it guarantee responsibility.

The guarantor has the qualifications prescribed by law, that is, meets the required conditions:

① It has nothing to do with this case;

(2) There is no restriction on the enjoyment of political rights and personal freedom;

(3) having permanent residence and permanent residence in the local area;

(4) Having the ability to perform the guarantee obligations.

(5) There is no obvious record of breach of contract.