The related party is the guarantor, the borrower is unable to repay, and the related party is responsible for repayment. It is risky to help a friend get a loan from a rural commercial bank to be a related account.
The main lender, guarantor and related party of the loan have the following meanings respectively. The main lenders are the main responsible persons and lenders. The loan guarantor refers to the behavior that the guarantor and the creditor agree that when the debtor fails to perform the debt, the guarantor will perform the debt or assume the responsibility according to the agreement. Related party is a macro concept, which may be related to the guarantor or the loan applicant.