If the guarantor only guarantees the first loan, the guarantor's responsibility will end after the first loan is settled. At this time, if the loan is renewed, the guarantor does not need to re-sign. However, the guarantee contract stipulates that the guarantee will operate within a certain period and with a limit. At this point, the loan extension occurs within a certain period of time, and the guarantor needs to re-sign the contract.

Therefore, there are many kinds of guarantee contracts. When signing a contract, the guarantor needs to pay attention to whether his guarantee responsibility is a single loan.

Is it valid to renew the loan once a year without the signature of the guarantor?

After handling a one-year loan and repaying it on time, the loan can be renewed. For the first time, in order to reduce the risk, the bank increased the way of guarantor guarantee, so the guarantee contract you signed should be one year.

One loan a year seems to be a credit line, just like a credit card, which has a time limit. Credit card credit is usually five years, and the guarantee you sign should be the same. Renewing the loan without your signature should be irrelevant.

If the loan contract is one year, it may be the maximum guarantee contract, depending on the original contract. If the renewal constitutes a new contract and the guarantor does not agree to the guarantee in the renewal contract, there is no guarantee responsibility.

Do I need the consent of the guarantor to renew the loan?

Need.

Secured loan means that when the borrower fails to provide the mortgaged (pledged) property in full, the third party recognized by the lender shall provide joint liability guarantee. If the guarantor is a legal person, he must have the ability to repay all the principal and interest of the loan on his behalf and open a deposit account in a bank. If the guarantor is a natural person, he must have a fixed source of income, have sufficient compensation ability and have a certain deposit in the loan bank; The guarantor and the creditor shall conclude a guarantee contract in writing. If the guarantor is changed, the formalities for changing the guarantor must be handled in accordance with the regulations. Without the approval of the lender, the original guarantee contract shall not be revoked.

How does the loan guarantor insure?

1. "Does the guarantor undertake repayment obligations? What is the basis for handling (please specify the terms)? " The two-year guarantee period has passed, and the guarantor will no longer bear the guarantee responsibility. Article 692 of the Civil Code stipulates that the period during which the guarantor undertakes the guarantee responsibility shall not be suspended, interrupted or extended.

The creditor and the guarantor may agree on a guarantee period, but if the agreed guarantee period expires before or at the same time as the performance period of the principal debt, it is deemed that there is no agreement; If there is no agreement or the agreement is unclear, the guarantee period shall be six months from the date of expiration of the main debt performance period.

Where the creditor and the debtor have not agreed or clearly agreed on the time limit for the performance of the principal debt, the guarantee period shall be counted from the date when the grace period for the creditor to request the debtor to perform the debt expires.

2. "If only one of the two guarantors signs, if the guarantor is judged to bear the responsibility, do you still have the right to recover from the other guarantor or borrower after repayment?" The court will only support this claim if there is relevant evidence to prove it. Otherwise, the guarantor shall settle it through consultation.

3. "If after the limitation of action, the bank finds the borrower, and the borrower also signs the collection notice, which is recognized as a reconfirmation of the debt according to the judicial interpretation of the Supreme Court, and the legal protection is restored, how to determine the effectiveness of the guarantee at this time?" Unless you (the guarantor) sign a new guarantee agreement, the guarantee responsibility has been terminated. If the creditor fails to bring a lawsuit or apply for arbitration to the debtor during the guarantee period stipulated in the contract and the guarantee period stipulated in the preceding paragraph, the guarantor shall be exempted from the guarantee liability; If the creditor has filed a lawsuit or applied for arbitration, the provisions on interruption of limitation of action shall apply during the guarantee period.

Need a guarantor to sign again. Because renewal is often a loan that is re-applied after the last loan is settled. In order to save trouble, I suggest that you adopt a one-time mortgage and a long-term effective method, that is to say, mortgage real estate assessment and apply for a long-term credit from the bank. During this credit extension period, it is not necessary to go through the mortgage registration formalities repeatedly, and it can be returned with the loan.

Do you need a guarantor to sign and renew the three-household joint guarantee of credit cooperatives when it expires?

The renewal of the joint guarantee of three credit cooperatives requires the signature of the guarantor. The bank stipulates that each loan, the guarantor and the borrower must be present in person to sign and brush their faces, and no illegal operation is allowed. Three-household joint guarantee is a loan group established among high-quality farmers approved by credit cooperatives, which has the same guarantee, repayment responsibility and loss risk compensation, and signs cooperation agreements on the basis of farmers' willingness.

Three-household joint guarantee handling process

The borrower only needs to form a joint guarantee team or find a guarantor and bring his ID card. If you are a merchant, you need to bring your business license and apply for approval at the microfinance outlets. After signing the contract, they can get the loan, and they can get the loan within 3 days at the earliest.

The maximum loan amount for each household of the three-family joint guarantee loan is 654.38+10,000 yuan. At the same time, when repaying the loan, the three borrowers must repay the loan on time according to the rules stipulated in the contract. If one of the households fails to repay on time, then the other two households participating in the joint guarantee need to help him repay together.

The joint guarantee loan for three postal households is a kind of joint and several liability loan, which needs production funds, has full capacity for civil conduct and engages in business activities in line with national policies. Before obtaining a loan, the borrower shall deposit a demand deposit of not less than 5% of the loan amount in the credit cooperative.