Legal analysis: Loans can be mutually guaranteed. The guarantor has the qualifications prescribed by law, that is, it meets the required conditions: (1) Not involved in the case; (2) Enjoys political rights and personal freedom is not restricted; (3) Has a permanent residence and fixed residence in the local area; (4) Ability to fulfill guarantee obligations. (5) There is no obvious record of breach of contract.

Legal basis: "People's Republic of China and Civil Code"

Article 688 If the parties agree in the guarantee contract that the guarantor and the debtor shall bear joint and several liability for the debt, Guarantee of joint and several liability. When the debtor under a joint liability guarantee fails to perform the due debt or a situation stipulated by the parties occurs, the creditor may request the debtor to perform the debt or request the guarantor to assume the guarantee liability within the scope of its guarantee.

Article 686: The forms of guarantee include general guarantee and joint liability guarantee. If the parties do not agree on the method of guarantee in the guarantee contract or the agreement is unclear, they shall bear the guarantee liability in accordance with the general guarantee.

Article 699: If there are more than two guarantors for the same debt, the guarantor shall bear the guarantee liability according to the guarantee share agreed in the guarantee contract; if there is no guarantee share agreed upon, the creditor may request any guarantor to assumes warranty liability within the scope of its warranty.