First of all, as a loan guarantor, when a borrower applies for a loan to a lending institution, the bank will require a guarantor out of consideration for the security of the loan. When the borrower cannot repay the loan on time, the guarantor must assist the borrower in repaying the money. This requires that the guarantor must have sufficient repayment ability. However, guarantees are divided into two types: joint liability guarantees and general guarantees. Among them, general guarantee means that both parties agree in the contract that when the borrower cannot repay the loan, the guarantor will bear the guarantee responsibility; joint liability guarantee means that when the two parties have not agreed on the guarantee method or the agreement is unclear, the guarantor must also Guarantee liability is assumed according to joint and several liability guarantees. The joint and several liability guarantee method carries greater risks than ordinary guarantees. Therefore, you need to carefully consider before making a decision to be a loan guarantor for others. Before helping others to be a guarantor, you should pay attention to the following points: 1. Examine the borrower's credit situation; 2. Make necessary decisions on the use of the borrower's funds. Supervision; 3. Before vouching for others, you must plan...