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How to release the guarantor from liability

Generally speaking, after the borrower repays the loan, the loan guarantor has no guarantee liability. If the loan guarantor wants to release the guarantee, he must look at the relevant provisions of the guarantor, the borrower, and the lending institution when signing the loan contract. Generally speaking, during the guarantee period stipulated in the contract, the joint and several relationship between the guarantor and the borrower exists. If the guarantee period specified in the loan contract expires, the guarantee relationship will be automatically terminated after expiration. In addition, in the process of executing the guarantee, the three parties of the loan and the guarantor must reach an agreement to terminate the guarantee. Only then can the guarantee relationship be released during the execution of the guarantee.