What is the counter guarantor? Colleagues in the unit transfer commercial loans to provident fund, find their own guarantee company and counter-guarantee. If I vouch for him, I will
Counter-guarantor refers to the third person who provides guarantee for the debtor and asks the debtor to provide guarantee to ensure the realization of his right of recourse. In order to prevent the guarantor from pursuing the guarantee, a counter-guarantor is set up to guarantee the guarantor. When the guarantor fails to perform the guarantee responsibility, the counter-guarantor will perform the guarantor's duties. The counter-guarantor is provided by the guarantor to the guarantor in turn, and is responsible for paying the guarantee exceeding the original guarantee amount of the guarantor. The guarantor must not mess around. If anything happens, they will be jointly and severally liable or fully liable. They would rather offend people than be guarantors. The suggestion is that you'd better say that your family doesn't agree with your insurance, so push it.