1. Is there a loan in your name that can be used as a guarantor?
You can be a guarantor if you have a loan in your name, because according to the relevant provisions of China's Guarantee Law, any citizen, legal person or other organization that has the ability to repay debts can be a guarantor, but the husband and wife can't guarantee each other and can only be the same payer.
Second, what are the risks of the loan guarantor?
1. As a loan guarantor, once the lender fails to repay the loan in time, the credit record of the guarantor will be affected to some extent, and when the guarantor applies for a loan in the later period, the guaranteed debt will be regarded as his own debt, resulting in his own loan procedures not being handled smoothly.
2. As a loan guarantor, when the lender is unable to repay the debt, the guarantor needs to repay the debt for the lender. Generally, the lender's property is deducted first. If there is residual debt, the bank will choose the object of residual payment according to the difficulty of the lender and guarantor.
3. Under normal circumstances, the lending institution will require the loan guarantor to sign relevant documents. The agreement stipulates that the guarantor is willing to be the guarantor of the lender and is willing to bear the corresponding responsibilities and risks. Because he is a voluntary guarantor, not forced by others, it is difficult to be exempted from the guarantee responsibility in the later period.
Summary: These are all for you. Before you become a guarantor, you must make a reasonable evaluation of your guarantee tolerance and make a decision after careful consideration. If you want to know more about decoration, you can pay attention to Qijia. com。